Mayor de Blasio rolled out his long-awaited jobs plan Thursday, promising 100,000 new jobs in industries like technology, life sciences, manufacturing and creative sectors over the next 10 years. “We have an opportunity to shape our own destiny through this plan,” de Blasio said of his “New York Works” document, which he announced at the offices of SecurityScorecard, a cybersecurity company midtown. The plan — rolled out during an election year — promises jobs paying at least $50,000 (or close to it, with a pathway there) and comes with a price tag of least $1.35 billion, not including $300 million in tax breaks the city has previously said it’s willing to offer life sciences businesses or other tax incentives it may offer as part of the initiative. But the math to get to 100,000 isn’t quite laid out in the document. It promises 30,000 tech jobs, 15,000 life sciences jobs, 20,000 industrial and manufacturing jobs, 10,000 creative and cultural jobs, and 25,000 jobs from creating “space for jobs of the future” — but the individual initiatives in each section add up to fewer jobs than that. The city later put out another document that did add up to 100,000, which… Read full this story
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