New York State hasn’t recovered all of the construction lobs it lost during the pandemic shutdown – partly because of less demand for office space, a new report released Thursday said.
There is 16,300 fewer construction jobs in the Empire State, 4% lower than before the COVID-19 shutdown — the second lowest recovery among all states, according to the the study by state Comptroller Tom DiNapoli’s office.
“Spending on residential construction has rebounded since the pandemic, but nonresidential construction spending, especially in New York City, remains below 2019 levels and could continue to lag in the near future,” DiNapoli said.
New York has failed to recover all the construction jobs lost during the COVID-19 pandemic, in large part because of less demand for office space amid hybrid work policies, according to an industry report released Thursday. Christopher Sadowski
The sector would have fully recovered if not for New York City,