Mamdani’s brilliant economic Rx: More government jobs

Source: New York Post
by staff

“Bringing his socialist economic chops to fix New York City’s stagnant-to-sluggish jobs growth, Mayor Zohran Mamdani’s new solution is to hire more government employees. His always-busy press office and Maoist ‘mass engagement’ cadres announced Monday a new Jobs NYC Center, a ‘hub connecting New Yorkers to careers in public service’. Citywide unemployment as of August was 4.8%, about a fifth higher than the national average of 4.1%. Mamdani’s hate-the-rich, capitalism bad rhetoric hasn’t helped: Finance — which provides the tax revenue to fuel Gotham’s lavish social spending — has been reducing jobs in the city for long decades; these days job growth in financial services comes almost exclusively in lower-tax, business-friendly cities and states. In the last year, the city added a measly 27,600 jobs to its private-sector workforce of 4.2 million — nearly all of them home-health aide work, which is mostly funded by Medicaid.” (09/29/26)

https://nypost.com/2026/09/29/opinion/mamdanis-brilliant-economic-rx-more-government-jobs/