Developments in the New York City Labor Market
Private sector jobs in New York City rose by 304,500 over-the-year to 3,924,100 in May 2022. Gains occurred in leisure and hospitality (+110,600), professional and business services (+63,300), educational and health services (+47,600), trade, transportation, and utilities (+39,800), information (+18,700), other services (+13,500), financial activities (+8,800), and manufacturing (+3,400). Losses were reported in natural resources, mining, and construction (-1,200).
The city's seasonally adjusted unemployment rate was 6.2 percent in May 2022, down 0.2 percent from April and a decrease of 4.1 percent from May 2021. New York State's rate was 4.4 percent in May 2022. The share of the city's working age population (16+) who were either employed or looking for a job was 59.9 in May.
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]