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

Private sector jobs in New York City rose over the year by 66,300, or 1.7 percent, to 3,898,400 in October 2017.  Gains were greatest in educational and health services (+25,600), professional and business services (+14,500), financial activities (+14,400), natural resources, mining and construction (+10,100), leisure and hospitality (+9,700), and other services (+4,500).  Losses were suffered in trade, transportation and utilities (-5,600), information (-5,000) and manufacturing (-1,900).

The city’s over-the-year picture remained positive, with six sectors adding jobs for the 12 months through October 2017 while three lost jobs.  The city’s over-the-year private sector growth rate (+1.7 percent) was above the comparable rate for the state (+1.2 percent) and the nation (+1.6 percent).

The city’s seasonally-adjusted unemployment rate was 5.0 percent in October2017, down 0.1 of a percentage point from September and 0.2 of a point from a year earlier. New York State’s rate was 4.8 percent in October 2017. The share of the city’s working age population (16+) who were employed was 58.5 percent in October 2017.

James Brown                                                                                                                    Elena Volovelsky
NYS Department of Labor                                                                                             NYS Department of Labor
9 Bond Street, 4th Floor                                                                                                 9 Bond Street, 4th Floor
Brooklyn, NY 11201                                                                                                       Brooklyn, NY 11201
Phone: (718) 613-3982                                                                                                   Phone: (718) 613-3971
E-mail: James.Brown@labor.ny.gov                                                                      E-mail: Elena.Volovelskaya@labor.ny.gov



					

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