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New York City Lost Two-Thirds of Its Arts and Entertainment Jobs in 2020, a New Report Finds

New data is shedding a harsh light on how hard New York City’s arts and culture has been hit by the pandemic.

Between December 2019 and December 2020, employment in the city’s arts, entertainment, and recreation sector plummeted 66 percent—the largest loss experienced by any sector of the local economy. Prior to the pandemic, arts and entertainment generated $7.4 billion in wages.

“The level of employment, the number of establishments, and total wages in the arts, entertainment and recreation sector had each expanded significantly over the past decade, growing at a much faster rate than for all sectors citywide,” notes a new report from the New York state comptroller’s office. “In March 2020, the response to the public health crisis forced the entire sector to close.”

Lockdown put an abrupt halt to the 42 percent growth that the arts, entertainment, and recreation economy had enjoyed since 2009. (Comparatively,

Article source: http://feedproxy.google.com/~r/Entertainmentnutz/~3/rjB2wfBJxn8/

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