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Local Labor Conditions 2026 Summer

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LOCAL LABOR CONDITIONS – Spring/Summer 2026

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Figure 1. Unemployment Rates in U.S., NYC & Long Island, April 2024-2026 (% monthly, seasonally adjusted)

9

8

7

6

NYC

5

4

US

3

LongIsland 2

1 A

M

J

J

A

S

O

N

D

2024

J

F

M

A

M

J

J

A

S

2025

O 2026

Table 1: Number of Nonfarm Jobs: New York City, Long Island & All U.S., 2025–2026 (in thousands, not seasonally adjusted)

U.S. NYState NYC Long Island

April

April

2026

2025

158,736 158,368 9,929.5 9,904.2 4,821.6 4,782.3 1,380.2 1,377.9

April 2025-2026 Net Chg % Chg

368.0 25.3 39.3 2.3

0.2 0.3 0.8 0.2

Table 1 Source: Establishment survey data from US Dept. of Labor. Note that data reflect regular revisions by Dept. of Labor.

N

D

J

F

M

A


Table 2: Job Growth Rates (%): April 2018-2026 Long All US NYC Island 2019 1.4 2.5 0.2 2020 -13.4 -19.1 -23.4 2021 10.9 11.3 22.1 2022 4.9 8.1 4.3 2023 2.5 2.6 1.2 2024 1.4 2.7 1.4 2025 0.6 0.3 1.4 2026 0.2 0.8 0.2 Table 2 Source: CES (not seasonally adj.)

Figure 2: NYC Job Changes by Industry, April 2025 - April 2026 (in thousands of jobs and % change)

25 20

1.7%

15 10

1.3%

1.9% -1.7%

5

-0.1%

-0.7%

0.9%

-0.5%

0 -5 -10

-0.7% -1.4%

-4.4%


Fig. 3: Long Island Job Changes by Industry, April 2025 - April 2026 (in thousands of jobs and % changes)

12 10

3.2%

8 6

-1.0%

4 2

0.9%

-1.7

-0.2%

-2.2%

-2.8%

-0.3%

-2.2%

0 -2

-0.7%

-0.1%

-4

Table 3: Civilian Labor Force, Employment & Unemployment, 2025-26 (in thousands, not seasonally adjusted)

Labor Force

AREA U.S. NYS NYC LONG ISLAND Nassau Co. Suffolk Co.

Unemployed

Unemp. Rate

April

April

April

Employed April

April

April

April

April

2026

2025

2026

2025

2026

2025

2026

2025

170,837 10,005 4,404

169,363 9,960 4,385

164,069 9,589 4,192.8

162,781 9,585 4,181.4

6,768 415.6

6,582 374.9

4.0% 4.2

3.9% 3.8

211.3

203.4

4.8

4.6

1,516 713 804

1,509 709 800

1,465.0 689.2 775.8

1,466.5 689.9 776.6

51.1 23.3 27.8

42.6 19.3 23.3

3.4 3.3 3.5

2.8 2.7 2.9

Table 3 Source: CPS household survey data from NYS Dept. of Labor. Data reflect their regular revisions.


Table 4: Real Wage Growth Slows: All US & NYC, April 2019-2026 Private Sector 2018

2019

2020

2021

2022

2023

2024

2025

2026

All US Real Wage/hr [$2026] Annual % Change

$36.03

$36.28 0.7

$39.06 7.7

$37.71 -3.5

$36.81 -2.4

$36.98 0.5

$37.01 0.1

$37.52 1.4

$37.49 -0.1

NYC Real Wage/hr [$2026] Annual % Change

$47.94

$48.43 1.03

$51.38 6.09

$50.49 -1.73

$47.82 -5.29

$48.14 0.66

$45.60 -5.26

$45.17 -0.94

$45.19 0.03

Table 4 Source: BLS payroll survey, CES (not seasonally adj.)

7.00

Fig. 4: Price Inflation Rates: All US & NYC Metro, 2023-26

5.00

NYC Metro

4.00 3.00

All US

2.00 1.00 0.00

J2023 F M A M J J A S O N D J2024 F M A M J J A S O N D J2025 F M A M J J A S O N D J2026 F M A

Inflation Rate, 12-mo.(%)

6.00

Jan. 2023-April 2026


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