NYC job growth again in line with national pace; record NYC labor force participation; but a mixed picture for sectors where undocumented migrants tend to work
April 25, 2024
Economic Updates
Strong January job gains and a surprisingly large array of annual benchmark employment revisions
March 18, 2024
Economic Updates
New York City ended 2023 with slow job growth; Employment rates surpassed pre-pandemic levels for Black and white (but not Hispanic) workers
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Economic Updates
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NYC job growth again in line with national pace; record NYC labor force participation; but a mixed picture for sectors where undocumented migrants tend to work
April 25, 2024
Economic Updates
No items found.
Strong January job gains and a surprisingly large array of annual benchmark employment revisions
March 18, 2024
Economic Updates
Poverty & Systemic Inequalities
State of the NYC Economy
New York City ended 2023 with slow job growth; Employment rates surpassed pre-pandemic levels for Black and white (but not Hispanic) workers
How the Rise in Care Work Intensifies New York’s Gender Income Inequality
December 7, 2023
Economic Updates
Budget Analysis & Tax Policy
Poverty & Systemic Inequalities
State of the NYC Economy
While New York City’s economy is back to pre-pandemic job levels, rising public assistance demand highlights the need for State and City action to increase income for city residents
November 2, 2023
Economic Updates
Poverty & Systemic Inequalities
State of the NYC Economy
Workforce Development
New York City’s labor force participation has largely recovered, but out-of-school/out-of-work rates are higher, particularly among young Black New Yorkers
September 21, 2023
Economic Updates
Poverty & Systemic Inequalities
State of the NYC Economy
Pandemic wage gains in New York City’s high-wage industries outpace gains for low- and middle-wage industry workers
August 24, 2023
Economic Updates
State of the NYC Economy
Workforce Development
Jobs in private sector close to pre-pandemic levels, alongside a shrunken public sector and shifts in the city’s industry composition
June 22, 2023
Economic Updates
Poverty & Systemic Inequalities
Cash Assistance rolls have risen sharply in New York City as a result of the uneven employment recovery and the end of various forms of pandemic economic assistance
May 11, 2023
Economic Updates
Poverty & Systemic Inequalities
State of the NYC Economy
Although unemployment has fallen in New York City, the last year has seen a sharp divergence in White and Black unemployment rates
How Forced Arbitration & Non-Competes Tip Justice’s Scales Against Workers
March 30, 2023
Economic Updates
State of the NYC Economy
New York City’s job growth shrinks further in January, but the annual employment revision reveals an overall increase and significant changes for several industries
Recent NYC job growth concentrated in low- and moderate-wage industries; long-term employment growth prediction suggests job quality should be a top policy priority
New York City’s young adults are bearing the brunt of the pandemic jobs displacement; the employment rate for young men plunges to 34 percent.
July 21, 2022
Economic Updates
State of the NYC Economy
Interest rate increases likely will slow the recovery in the state’s three regions; NYC’s tech industry has 6.4 percent more jobs than pre-pandemic, but lags the nation.
June 16, 2022
Economic Updates
State of the NYC Economy
New York City has gained back 100,000 jobs during the first four months of this year but employment in face-to-face industries is still nearly 10 percent below pre-pandemic levels.
June 2, 2022
Economic Updates
State of the NYC Economy
Considering recent economic turmoil, three problems are likely to beset the city’s job market for the next year or two.
May 12, 2022
Economic Updates
Poverty & Systemic Inequalities
State of the NYC Economy
Recovering industries continue to account for most of the city’s job gains; the number of households turning to public assistance is rising sharply
April 21, 2022
Economic Updates
State of the NYC Economy
New York City has recovered 70% of its job loss; some industries are likely to continue lagging. And 15 industries have bucked the trend and increased jobs above pre-pandemic levels.
April 7, 2022
Economic Updates
State of the NYC Economy
Even with sizable upward annual employment revisions, New York City’s pandemic jobs deficit remains more than three times the national average
Employment lags significantly in the city’s face-to-face industries, some remote-working industries also lag, and several industries with job gains pay low wages
February 24, 2022
Economic Updates
State of the NYC Economy
Poverty & Systemic Inequalities
Probing New York City’s pandemic-era differences in labor force participation and employment by gender, age, and race/ethnicity
February 10, 2022
Economic Updates
State of the NYC Economy
Poverty & Systemic Inequalities
New York City’s pandemic jobs deficit stood at 421,000 in December 2021; 15.2 percent Black unemployment in the fourth quarter
January 27, 2022
Economic Updates
State of the NYC Economy
Workforce Development
New York’s unemployment crisis stands out among all states; job opportunities evaporate for thousands of young city residents
January 13, 2022
Economic Updates
State of the NYC Economy
Workforce Development
New York State’s Unprecedented Covid-19 Unemployment Crisis Requires a Comprehensive, Immediate Active Labor Market Response
Strong October job growth when Covid-19 infection rates dropped; only a handful of low-paid industries see wage gains despite reports of higher wage offers
December 2, 2021
Economic Updates
State of the NYC Economy
Workforce Development
New York State’s 875,000 (8.9 percent) jobs deficit is tops in the nation
November 18, 2021
Economic Updates
State of the NYC Economy
Poverty & Systemic Inequalities
Budget Analysis & Tax Policy
New Yorkers have received $272 billion in Federal Covid-19 relief funding, but most benefits have run out while a substantial jobs deficit persists.