Private sector employment in New York City rose by 83,800, or 2.3 percent, to 3,760,600 for the 12-month period ending September 2016. Jobs grew in educational and health services (+26,500), leisure and hospitality (+24,900), professional and business services (+12,000), other services (+6,900), trade, transportation, and utilities (+5,200), information (+4,400), construction (+3,800), and manufacturing (+1,200). Employment in financial services declined (-1,100) Over the year. Government employment rose by 5,300.
The city’s over-the-year picture remained positive, with every sector except financial activities adding jobs for the 12 months through September 2016. The city’s over-the-year private sector growth rate (+2.3 percent) was above the comparable rate for the state (+1.5 percent) and the nation (+1.9 percent).
The city’s seasonally-adjusted unemployment rate was 5.8 percent in September 2016, up 0.4 of a point from August and 0.6 of a percentage point compared to a year ago. New York State’s rate was 5.0 percent in September 2016. The share of the city's working-age population (16+) who were employed was 56.1 percent in September 2016.
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