Private sector employment in New York City rose by 111,300, or 3.1 percent, to 3,676,200 for the 12-month period ending June 2015. Jobs grew in educational and health services (+38,800), professional and business services (+22,300), leisure and hospitality (+16,400), trade, transportation, and utilities (+10,700), other services (+9,200), construction (+7,200), financial activities (+7,100), and information (+1,300). Manufacturing (-1,700) was the only sector to lose jobs. Government employment rose by 3,200.
The city’s over-the-year picture was positive, with every sector except manufacturing adding jobs for the 12 months through June 2015. The city’s over-the-year private sector growth rate (+3.1 percent) was above comparable rates at the state (+2.3 percent) and national (+2.4 percent) levels.
The city’s seasonally-adjusted unemployment rate was 6.1 percent in June 2015, down 0.3 of a point from May and 1.1 percentage points compared to a year ago. New York State’s rate was 5.5 percent in June 2015. The share of the city's working-age population (16+) who were employed was 57.8 percent in June 2015, the highest on record. The number of New York City residents with jobs climbed 144,600 (+3.8 percent) in the last 12 months. The over-the-year decline in the unemployment rate occurred even as New York City’s labor force grew by 2.5 percent.
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