On Friday he warned that while revenues are rising, private sector job growth has narrowed to a thin slice of health care and social service roles, especially lower paid home care positions. Posting on X, Levine said revenues are up but "job growth has stalled outside of home healthcare aides and social services," and he urged City Hall to move quickly to keep talent from leaving and to link New Yorkers with good paying work.
The findings reflect an environment of mounting pressures both within, and outside, of businesses. Internally, a growing number of people are delaying their retirement and choosing to work for longer; earlier this year nearly two fifths (36%) of employees said they had already, or were considering delaying their retirement because they wanted to continue working, or due to financial reasons (34%).
