The number of retail jobs in New York City plunged by nearly 40,000 compared with pre-pandemic levels as remote work, automation and the rise of e-commerce have caused businesses to cut hiring, according to an industry survey released Thursday.
The sector — which includes major department stores and boutiques among many other businesses, but excludes restaurants — saw jobs decline by 11.1% to 301,700 in February 2023, a 37,800 drop from February 2020, according to the Center for an Urban Future, which produced the inaugural report.
Manhattan has been the slowest to recover out of the five boroughs, accounting for 32,862 […]
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