Local Labor Market Conditions

LOCAL LABOR MARKET CONDITIONS

Spring 2014

Table 1 Number of Nonfarm Jobs by Place of Work: New York City, Long Island & All U.S., March 2008–March 2014 (in 1,000s, not seasonally adjusted) March

U.S. NY State NYC Long Island

March

March

2014 2013 2008 137,136.0 134,917.0 137,003.0 8,898.0 8,794.4 8,720.3 3,998.0 3,924.4 3,780.3 1,260.6 1,250.0 1,252.1

% Change 2008-2014 2013-2014 0.1 1.6 2.0 1.2 5.8 1.9 0.7 0.8

Table 1 source: Establishment survey data from US Department of Labor.

Note that data reflect regular revisions by Dept. of Labor.

Table 2 Civilian Labor Force, Employment & Unemployment (in 1,000s, not seasonally adjusted)

Labor Force AREA U.S.

Employed

Unemployed

Unemp. Rate

March

March

March

March

March

March

March

March

2014

2013

2014

2013

2014

2013

2014

2013

10,537.0

11,815.0

6.8%

7.5%

155,627.0 154,513.0 145,090.0 142,698.0

NYC Brooklyn Manhattan Queens Staten Island

4,108.7 566.6 1,168.5 960.7 1,165.5 247.5

4,033.3 555.0 1,148.8 944.4 1,142.9 242.2

3,767.7 500.4 1,065.5 896.1 1,077.3 228.6

3,685.7 489.5 1,042.3 876.5 1,053.8 223.6

341 66.2 103.0 64.6 88.2 18.9

347.6 65.5 106.5 67.9 89.1 18.6

8.3 11.7 8.8 6.7 7.6 7.6

8.6 11.8 9.3 7.2 7.8 7.7

LONG ISLAND Nassau Co. Suffolk Co.

1,470.2 686.9 783.3

1,469.6 686.9 782.7

1,387.0 651.0 736.0

1,373.0 644.4 728.6

83.2 35.9 47.3

96.6 42.5 54.1

5.7 5.2 6.0

6.6 6.2 6.9

Bronx

Table 2 source: CPS household survey data from NYS Department of Labor. Note: data reflect regular revisions by Dept. of Labor.

Figure 2 NYC Job Growth by Industry: March 2013 – March 2014 (in 1,000s of jobs, and percent change) 80

TOTAL 1.9%

70 Services 2.8% 60 50

GOVT

Constcn.

Wh. Trade

-0.5%

-0.1%

1.4%

40 Jobs 30 20 10 0 -10

TWU 1.3%

Manf.

Retail

FIRE

Information

3.1%

3.7%

0.1%

1.7%

Figure 3 Long Island Job Growth by Industry: March 2013 – March 2014 (in 1,000s of jobs, and percent change) 12 TOTAL 0.8% 10 Services 1.4% 8 Retail 6

Wh. Trade Constcn.

4 Jobs 2

GOVT

-0.3%

4.0%

2.1% TWU 4.7%

Manf.

0.7%

-1.8%

0 -2 -4 -6

REGIONAL LABOR REVIEW, vol. 16, no. 2 (Spring/Summer 2014). © 2014 Center for the Study of Labor and Democracy, Hofstra University

FIRE

Info

-2.2%

-2.5%