Did New York lose anything with Amazon’s rejection? It’s complicated.

Did New York lose anything with Amazon’s rejection? It’s complicated.

5 years ago
Anonymous $Dftgs0JzgE

https://techcrunch.com/2019/02/14/did-new-york-lose-anything-with-amazons-rejection-its-complicated/

Now that Amazon has said that it’s taking its ball and going home rather than deal with mean, pushy New Yorkers, outside observers are giving off the sense that the city (and its local politicians) are losing out for their recalcitrance.

New York City is running at about a 4.3% unemployment rate — higher than the national average of 3.9%, but a respectable number for jobs. Amazon’s promise of 25,000 jobs (high-paying jobs) may have reduced that number, but there’s no guarantee that those jobs would be filled by New Yorkers or Queens residents more specifically — and every indication that they would have gone to Amazon employees coming from somewhere else.