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Local Labor Conditions Spring 2019

Page 1

DATA FILE

Latest Trends in Key Labor Market Indicators: Spring 2019 Table 1: Number of Nonfarm Jobs: New York City, Long Island & All U.S., 2018–2019 (in thousands, not seasonally adjusted)

March

March 2018 147,368 9,567 4,521 1,324

2019

U.S. NY State NYC Long Island

149,867 9,671 4,603 1,333

2018-2019 Change Net % 1.7 2,499 1.1 104 82 1.8 9 0.7

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

March

March

March

March

March

March

March

2019

2018

2019

2018

2019

2018

2019

2018

AREA U.S.

162,823

161,548

156,441

154,877

6,382

6,671

3.9%

4.1%

NYC Bronx Brooklyn Manhattan Queens Staten Island

4,128.5 606.5 1,214.8 921.1 165.1 220.9

4,144.1 610.0 1,218.8 924.7 1,168.8 221.7

3,954.4 572.0 1,162.1 886.7 121.8 211.7

3,964.6 573.5 1,165.2 889.0 1,124.7 212.2

174.1 34.5 52.7 34.4 43.3 9.2

179.5 36.5 53.6 35.7 44.1 9.5

4.2 5.7 4.3 3.7 3.7 4.2

4.3 6.0 4.4 3.9 3.8 4.3

LONG ISLAND Nassau Co. Suffolk Co.

1,489.0 709.4 779.5

1,471.1 700.2 770.9

1,436.8 686.1 750.7

1,409.9 673.2 736.7

52.2 23.3 28.8

61.2 27.0 34.2

3.5 3.3 3.7

4 3.9 4.4

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


6.0

Figure 1. Unemployment Rates in U.S., NYC & Long Island, 2017-19 (% monthly, seasonally adjusted) 5.0

NYC 4.0

US

3.0

Long Island

2.0

1.0

0.0 J

F

M

A

M 2017

J

J

A

S

O

N

D

J

F

M 2018

A

M

J

J

A

S

O

N

D

J 2019

F


Figure 2 NYC Job Growth by Industry: March 2018 – March 2019

90

1.8% TOTAL

(in 1,000s of jobs, and percent change)

80

2.6%

70

Services

60 50 Jobs 40

1.3%

3.0%

30

GOVT

Constcn.

-2.2%

2.9%

-2.4%

1.7%

-0.5%

2.4%

Wh. Trade

TWU

Manf.

Retail

FIRE

Info

20 10 0 -10

Figure 3 Long Island Job Growth by Industry: March 2018 – March 2019 (in 1,000s of jobs, and percent change)

10

0.7% TOTAL

8

6.5% 6

Jobs 4

0.1% GOVT

2

0

-2

0.6% Services

Constcn.

-2.0%

3.1%

Wholesale TWU Trade

1.3%

0.1%

-0.9%

-6.7%

Manf.

Retail

FIRE

Info


Fig. 5: Unemployment Rate, NYC & 20 Other Largest Metros, Feb. 2019 6

5

4.8 4.6 4.4

4

4.3

4.2

4.1 3.9

3.8

3.7 3.7

3.6 3.6

3.5

3.4 3.4 3.4 3.1

3

3

2.9

2.8 2.3

2

1

0

REGIONAL LABOR REVIEW, vol. 21, no. 2 (Spring/Summer 2019). © 2019 Center for the Study of Labor and Democracy, Hofstra University


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