![]() Yet government and business leaders in the state are reimaging and rebuilding the economy. ![]() Yet New York’s economy still faces many challenges, from rising inflation and higher interest rates to the ongoing adjustment to the post-pandemic switch to a hybrid workforce. Times Square, an iconic business district, is bouncing back. Subway ridership in New York City is on the rebound, and airport activity has exceeded pre-pandemic levels. ![]() The unemployment rate in the state is a healthy 4.2%. By some measures, New York’s economy is on the upswing. ![]()
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