Quote:
Originally Posted by antinimby
Not all 25,000 positions will be filled by newcomers. Many of those will be filled by people already living in the area.
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True but economic multiplier effect should have companies that do a lot of business with Amazon open up offices nearby.
I also realize 2020 may be a little early, but it should be some boost to growth forecasts.
Unemployment rate is very low, so even if folks leave other places of employment in NYC to join Amazon, those companies will still need to recruit and back fill their positions. The more job opportunities in the city, the more folks should be flocking to the big apple.