Department of Labor

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 74,600, or 1.9 percent, to 3,912,100 in March 2018.  Gains were greatest in educational and health services (+35,100), professional and business services (+16,700), financial activities (+6,300), natural resources, mining and construction (+6,200), trade, transportation and utilities (+6,000), leisure and hospitality (+2,300), information (+2,200) and other services (+1,100). Manufacturing was the only sector to lose jobs (-1,300).

The city’s over-the-year picture remained positive, with eight sectors adding jobs for the 12 months through March 2018 while only one lost jobs.  The city’s over-the-year private sector growth rate (+1.9 percent) was above the comparable rate for the state (+1.3 percent) and the nation (+1.8 percent).

The city’s seasonally-adjusted unemployment rate was 4.2 percent in March 2018, unchanged from February but down 0.4 of a percentage point from March 2017. New York State’s rate was 4.6 percent in March 2018. The share of the city’s working age population (16+) who were employed was 58.3 percent in March 2018.

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