"Mayor Adams Celebrates NYC's All-Time High Jobs Record, Acknowledges Persistent Black Community Unemployment"

New York City Mayor Eric Adams celebrates a new all-time high total jobs record, with over 4.73 million jobs and nearly 300,000 jobs created since the start of his administration. The city's Small Business Opportunity Fund has delivered over $85 million in affordable low-interest capital to more than 1,000 businesses, with nearly 80 percent of loans awarded to minority- or women-owned businesses. The fund, a public-private partnership, aims to provide access to capital for historically underserved communities, and has significantly benefited small businesses across all five boroughs, contributing to the city's economic resurgence and equitable opportunities.