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New York’s job engine sputters with just 956 new positions in the first six months of 2025: Is this a recession warning for young professionals?
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New York's job market is showing signs of weakness, with a significant drop in private-sector job creation in the first half of 2025. Only 956 new jobs were added, a sharp contrast to the 66,000 created last year. This slowdown, attributed to rising costs, political tensions, and technological shifts like AI, is raising concerns about a potential recession.
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