NYC Employment By Industry
REBNY research reports the employment recovery in NYC and
the country since the financial
crisis in 2008 has been sluggish. Although jobs
have increased overall in the city, some industries
are faring better than
others.
The largest gainer in employment over the period from the
October bottom of the recession to now was Educational Services with an
increase of 22.5% Important for the office market, Professional and Business
Services increased 13.6% from the October low of the recession.
Also important for the office market, Financial Activities,
is only up 3.5% from October 2009.
Construction employment is still down .8% from October 2009
despite signs of new residential
and office development around the city.
NYC Employment Oct. 2009 NYC Employment Oct. 2013
All Industries | 3,688.70 | 3,999.90 |
Professional and Business Services | 563.3 | 640 |
Health Care and Social Services | 575.4 | 627.7 |
Financial Activities | 427.1 | 442.1 |
Leisure and Hospitality | 314.9 | 379.4 |
Retail Trade | 296.3 | 339.1 |
Education Services | 171.6 | 210.2 |
Construction | 120.1 | 119.1 |
Real Estate | 108.3 | 110.3 |
Change in Employment | % Change in Employment | ||
All Industries | 311.20 | 8.4% | |
Professional and Business Services | 76.7 | 13.6% | |
Health Care and Social Services | 52.3 | 9.1% | |
Financial Activities | 15 | 3.5% | |
Leisure and Hospitality | 64.5 | 20.5% | |
Retail Trade | 42.8 | 14.4% | |
Education Services | 38.6 | 22.5% | |
Construction | -1 | -0.8% | |
Real Estate | 2 | 1.8% |
Numbers in thousands
REBNY Research Department
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