Developments in the New York City Labor Market
Private sector jobs in New York City rose by 79,800 over-the-year to 4,236,900 in November 2024. Gains occurred in private education and health services (+81,000), leisure and hospitality (+15,100), trade, transportation, and utilities (+7,400), and other services (+100). Losses occurred in information (-9,400), natural resources, mining, and construction (-7,800), financial activities (-3,300), professional and business services (-2,100), and manufacturing (-1,200).
The city's seasonally adjusted unemployment rate was 5.4 percent in November, unchanged from October and an increase of 0.1 percent from November 2023. New York State's rate was 4.4 percent in November 2024. The share of the city's working age population (16+) who were either employed or looking for a job remained at 62.7 in November.
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]