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‘Not the Place to Be’: Young Professionals Are Leaving New York

Soaring prices for rent, meals and everything else are pushing younger workers to seek out more affordable cities as they question if the grind is worth it. 

Hiring for early-career professionals in New York flatlined in the spring and has been declining ever since.

Hiring for early-career professionals in New York flatlined in the spring and has been declining ever since.

Photographer: Ed Jones/AFP/Getty Images

Taya Thomas felt like she was living the New York City dream, walking her dog through Greenwich Village and sipping amaretto sours at Lower East Side bars. Then rents began to climb.

The 23-year-old project manager needed to find an apartment with office space for her remote job and realized she simply couldn’t afford it. She started looking at listings in Miami without seriously planning to move there — that is, until she saw all the places with in-unit washers and dryers, rooftop pools and other amenities she could never afford in New York.