NYC financial industry decreases, data shows

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New York status as US Economy Financial Hub It may be smooth as the leading figure in the city business community sounds an alarm.
Kathryn Wylde, President and New York CEO CEO CEO CEO, promoting a city and financial ABKI “by default” will we always compete in work? “
Wylde told John CatsMatididis that “Financial Export, are the most senior taxpayers and employers – and the industry decreases in New York.”
US flags down in New York Stock Exchange New York, in Aug. 18, 2025. (Michael Naggle / Bloomberg with Getty / Getty Photos)
The data compiled by the NYC partner provided that the New York Post Monday had shown that the New York Empire was relocated to Texas according to the size of the financial staff.
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The team’s data has shown that Texas had 519,000 financial workers in 2024, over 507,000 financial staff in New York. That figure includes a bank bank employees and finances, while without insurance and staff of the property.
Also indicated that the financial services sector in New York City Shrunk for 8,400 jobs from January to August this year, after it added 6,400 jobs at the same year.
Since 2019, NYC employees work only 4% – a better measure of emerging areas such as Austin, grew up 27%, and Charlotte received 21%.
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Additionally, indicating that Jpmork chase He now uses many employees in Texas rather than in New York Province, with nearly 31,500 employees in Lone Star State last year, making their workers in the largest Texas.

The JPMORGANGAN CASE now uses many employees in Texas rather than in New York province. (Al Dragon / Bloomberg with Getty / Getty Pictures)
Despite radiation growth, New York City is always a leader in terms of bank activities as other metro areas closed JPC, including 18,000 in Dallas-Fort called Metropolitan Area. Goldman Sachs We currently have 7,800 employees in the NYC, although its Dallas Hub is set to grow in 4,000 workers for more than 5,000.
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“We should stop getting rid of. The only way we can do that we should handle our budget by how we control money and improve costs,” said Wylde receiving money during the discussion.
Wylde said that understanding of New York Zohran Maimdani, the New York City democracy is Frontrunner in a competition, but is trying to ensure the New York is larger than one person. “

New York City Mainteritite Zoohran Maimdani is FrontRunner in a competition. (Reuters / Bing Guan / Reuters)
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“We will certainly save New York. The New York is full of leaders … in a non-profit field, cultural, business …” Wylde told Catsimatididididis.