Zohran Mamdani: “Businesses [are] having to add premiums in the salaries that…”

“… of affordability is having on the ability to not only start a business here in this city, but to sustain that very business. The ways in which it is demanding Businesses [are] having to add premiums in the salaries that are offered, or stipends, perhaps, for the very kinds of things that city government could be providing, namely childcare. And I know that as I speak, this is a challenging time for the private sector. We added fewer than 1,000 private sector jobs in the first half of this year.” (06:47–07:00)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.