Private sector jobs in New York City rose over the year by 99,800, or 2.6 percent, to 3,891,400 in June 2017. Gains were greatest in educational and health services (+44,000), professional and business services (+31,700), leisure and hospitality (+20,000), natural resources, mining and construction (+5,700), financial activities (+5,400) and other services (+5,300). Losses were centered in trade, transportation and utilities (-9,300) and manufacturing (-3,000).
The city’s over-the-year picture remained positive, with six sectors adding jobs for the 12 months through June 2017 while only two lost jobs. The over-the-year gain in private sector jobs was the largest since April 2016. The city’s over-the-year private sector growth rate (+2.6 percent) was above the comparable rate for the state (+1.9 percent) and the nation (+1.7 percent).
The city’s seasonally-adjusted unemployment rate was 4.4 percent in June 2017, up 0.1 of a percentage point from May but down 0.9 of a point from a year earlier. New York State’s rate was 4.5 percent in June 2017. The share of the city’s working age population (16+) who were employed was 58.9 percent in June 2017.
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