Mark D. Levine
@MarkLevineNYC
Comptroller of New York City.
5.3K Following 105.7K Followers
Early warning signs are mounting that AI is already impacting the job market in NYC.
New data just out show entry-level job postings in the city are way down in the careers most exposed to AI. Below chart shows change in NYC since 2022:
This is coming fast and we are doing almost nothing about it.
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Rents in NYC have just hit an all-time high.
Median market rate in June…
Manhattan: $5,295/mo (+8.2% year-over-year)
Brooklyn: $4,350 (+8.1%)
NYC’s housing affordability crisis is at DefCon 1. We need to push harder on every front to address our housing shortage.
Update zoning, invest more City $ in affordable units, lower the time & cost City bureaucracy imposes on construction, get 1000s of vacant regulated units back on the market. We need bold action. This is a crisis.
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BREAKING: New York City publishes racial breakdown for coronavirus deaths.
And it paints the picture that we feared it would.
