Developments in the New York City Labor Market
Private sector jobs in New York City rose by 53,900 over-the-year to 4,195,400 in June 2024. Gains occurred in private education and health services (+84,300), leisure and hospitality (+11,900), and other services (+400). Losses occurred in information (-14,400), trade, transportation, and utilities (-9,600), professional and business services (-7,600), natural resources, mining, and construction (-7,100), financial activities (-2,700), and manufacturing (-1,300).
The city's seasonally adjusted unemployment rate was 4.8 percent in June, unchanged from May and a decrease of 0.2 percent from June 2023. New York State's rate was 4.2 percent in June 2024. The share of the city's working age population (16+) who were either employed or looking for a job stood at 62.4 in June.
Industry Data
Contact
For More Information Please Contact:
Elena Volovelsky
NYS Department of Labor
55 Hanson Pl., 8th Floor
Brooklyn, NY 11217
Phone: (718) 613-3971
Email: [email protected]