Developments in the Long Island Labor Market
The number of private sector jobs on Long Island increased over the year by 26,400, or 2.4 percent, to 1,128,400 in August 2022. In comparison, the state’s over-the-year private sector growth rate was 5.4 percent and the nation’s was 4.4 percent.
Substantial job losses related to the COVID-19 pandemic first occurred in March (-9,000) and April (-271,500) of 2020. As economic activity resumed, Long Island’s private sector regained a large portion of jobs lost, but remains 37,900, or 3.2 percent, below pre-pandemic levels (August 2019).
Long Island’s private sector job count decreased by 5,900 between July and August (not seasonally adjusted), when a loss of 1,200 is typical. Hiring in the leisure and hospitality sector exceeded its typical gain for the month. Employment at Long Island’s bars and restaurants hit a record high in August and now stands 2,600, or 2.5 percent, above pre-pandemic levels.
Seven of nine private industry sectors gained jobs in August compared to a year ago — leisure and hospitality (+10,000), professional and business services (+7,300), trade, transportation, and utilities (+5,200), other services (+4,200), natural resources, mining, and construction (+1,100), education and health services (+100), and information (+100). The government sector added 5,100 jobs over-the-year.
Contact
For More Information Please Contact:
Shital Patel
Division of Research & Statistics
New York State Dept. of Labor
303 W. Old Country Rd.
Hicksville, NY 11801
tel: 516-934-8533
fax: 516-433-3799
Email:[email protected]