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Labor Statistics for the New York City Region Bronx, Kings, New York, Queens and Richmond Counties

Private sector employment in New York City rose by 80,900, or 2.2 percent, to 3,757,600 for the 12-month period ending May 2016. Jobs grew in educational and health services (+30,400), professional and business services (+19,400), leisure and hospitality (+15,400), natural resources, mining and construction (+6,900), other services (+4,600), information (+2,800), financial activities (+1,300) and manufacturing (+900). Trade, transportation and utilities shed 800 jobs. Government employment rose by 4,500.

The city’s over-the-year picture remained positive, with every sector except trade, transportation and utilities adding jobs for the 12 months through May 2016.  The city’s over-the-year private sector growth rate (+2.2 percent) was above the comparable rate for the state (+1.0 percent) and the nation (+1.9 percent).

The city’s seasonally-adjusted unemployment rate was 5.1 percent in May 2016, down 0.3 of a point from April and 0.6 of a percentage point compared to a year ago. New York State’s rate was 4.7 percent in May 2016. The share of the city's working-age population (16+) who were employed was 57.7 percent in May 2016. The number of City residents with jobs increased by 37,100 (+0.9%) between May 2015 and May 2016.

 

James Brown                                                                                                                    Elena Volovelsky
NYS Department of Labor                                                                                              NYS Department of Labor
1 Hudson Square                                                                                                             1 Hudson Square
75 Varick Street, 7th Floor                                                                                              75 Varick Street, 7th Floor
New York, NY 10013                                                                                                       New York, NY 10013
Phone: (212) 775-3338                                                                                                   Phone: (212) 775-3330
Fax: (212) 775-3855                                                                                                        Fax: (212) 775-3856
E-mail: James.Brown@labor.ny.gov                                                                      E-mail: Elena.Volovelskaya@labor.ny.gov



					

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