With Wall Street jobs fleeing, New York is nearing the point of no return

New York is losing population, losing jobs and losing ground to the rest of the country — and its leaders just don’t seem to care.

Start with last week’s news that banking giant JPMorgan Chase now employs more workers in Texas than in New York City; indeed the Lone Star State now has more bank employees than Gotham, period.

Partnership for New York City chief Kathy Wylde is badly understating things when she calls this news “scary.”

Plenty of other finance jobs have flown to Florida, North Carolina and other states; the day grows ever closer when the Big Apple, once the unrivaled financial services capital of America and the world, will become a finance backwater .

The long trend predates COVID and even 9/11; ever since the early 1960s, the city and state have been piling on new ta