New York City's economy boasts a record-high average of 4,151,400 private sector jobs and a labor force participation rate of 62.8% as of September 2024.
Nearly half a million recent college graduates have chosen to call New York home since 2021, highlighting the city as a prime destination for talent.
The city is transforming into a hub for innovation, especially in high-growth sectors like technology, life sciences, and artificial intelligence.
Despite ongoing challenges like housing affordability and income inequality, there's a shared economic prosperity across all boroughs, as articulated by Mayor Eric Adams.
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