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Local Labor Conditions Spring 2017

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LOCAL LABOR CONDITIONS — NYC & Long Island

Spring 2017

Table 1: Number of Nonfarm Jobs (in thousands) by Place of Work: New York City, Long Island & All U.S., March 2010–March 2017 (in thousands, not seasonally adjusted) March 2017

U.S. NY State NYC Long Island

144,949 9,403 4,367 1,320

March 2016 142,814 9,283 4,309 1,301

March 2010 129,089 8,428 3,697 1,205

% Change 2010‐2017 2016‐2017 12.29 1.49 11.56 1.29 18.12 1.34 9.56 1.52

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 thousands, not seasonally adjusted)

Labor Force

Employed

Unemployed

Unemp. Rate

March 2017

March 2016

March 2017

March 2016

March 2017

March 2016

March 2017

March 2016

AREA U.S.

159,912

158,854

152,628

150,738

7,284

8,116

4.6%

5.1%

NYC Bronx Brooklyn Manhattan Queens Staten Island

4,223.7 619.4 1,247.2 939.5 1,192.2 225.4

4,175.8 615.6 1,234.0 926.8 1,176.7 222.7

4,050.4 584.3 1,195.4 905.3 1,149.3 216.1

3,951.3 570.0 1,166.2 883.2 1,121.2 210.7

173.3 35.1 51.8 34.2 42.9 9.3

224.5 45.6 67.8 43.6 55.5 12.0

4.1 5.7 4.2 3.6 3.6 4.1

5.4 7.4 5.5 4.7 4.7 5.4

LONG ISLAND Nassau Co. Suffolk Co.

1,464.6 673.0 771.6

1,477.6 669.0 778.8

1,406.0 647.3 738.7

1,414.9 641.6 743.4

58.6 25.7 32.9

62.7 27.4 35.4

4.0 3.7 4.3

4.2 3.9 4.5

Table 2 Source: CPS household survey data from NYS Dept. of Labor. Data reflect regular revisions by Dept. of Labor


Figure 2 NYC Job Growth by Industry: March 2016 – March 2017 (in thousands of jobs, and percent change) 70 2.5% 60

Services

1.3 TOTAL

50 40 Jobs 30 20

0.2%

2.5%

GOVT

Constcn. Constcn

-3.8% Wh. Trade

-1.7%

-2.7%

0.4%

0.4%

TWU

Manf.

Retail

FIRE Information

2.2%

10 0 -10

2


Figure 3 Long Island Job Growth by Industry: March 2016 – March 2017 (in thousands of jobs, and percent change) 25 TOTAL 1.5% 20

1.9%

15

Services 10 Jobs

5

1.7%

-0.7%

GOVT

Constcn.

3.9%

4.5%

-1.4%

Wholesale Trade

TWU

Manf.

2.0%

Retail

-1.5%

FIRE

-1.0%

Information

0

-5

Figs. 2–3 Source: NYS Dept. of Labor: nonfarm payroll job data from CES establishment survey in Nassau & Suffolk counties. Year-to-year changes, not seasonally adjusted. Note: FIRE = Finance, Insurance & Real Estate; TW U= Transport, Warehousing & Utilities.

3


Table 3: Rising Dependence of Net Job Growth on Health Care Expansion in US, NYC & Long Island, March 2007‐‐March 2017 (payroll jobs in thousands, not seasonally adjusted)

Total Health Care Jobs

U.S. NYC Long Island

2007 15,460.0 545.5 175.0

2017 19,323.3 703.7 225.1

Changes in Health Care Jobs (12‐month March‐to‐March)

U.S. NYC Long Island

Health Care Jobs as % All Jobs 2007 11.3 14.7 14.1

2017 13.3 16.1 17.8

Changes in Health Care Jobs as % of Total Changes in All Jobs

2006‐07 2016‐17 436,400.0 430,500.0 9,600.0 29,200.0 5,400.0 10,200.0

2006‐07 25.7 11.7 28.1

2016‐17 20.2 50.4 51.5

Note: Health Care job category includes Social Assistance. Source: Establishment survey payroll data from US Dept. of Labor.

REGIONAL LABOR REVIEW, vol. 19, no.2 (Spring/Summer 2017). © 2017 Center for the Study of Labor and Democracy 4


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