Report’s Revised Numbers Show Large March Increase
City at All-Time Job High with Nearly 4.3 Million Jobs in New York
The City of New York today announced that based on an analysis of seasonally adjusted job numbers for April 2016 provided by the New York State Department of Labor, New York City added 4,400 jobs in April. The same report revised its previously stated March jobs number from 2,800 to 6,700 added jobs, combining for 11,100 jobs added to New York City’s economy over the past two months. Further, the report showed that April’s unemployment is down .5 percent from last year. Overall unemployment is down to 5.4 percent from 8.1 percent in December of 2013, a drop of 2.7 percentage points.
Since Mayor de Blasio took office, New York City has added 262,900 private sector jobs, an increase of 7.5 percent during this time of record job creation. New York City is at an all-time high total of just below 4.3 million jobs across all five boroughs.
“The investments we’re making in growing sectors with good-paying, career-track jobs are paying off in a big way. And the best part is we’re seeing impressive growth in every corner of our city, not just in Manhattan. That means we’re bringing increased economic opportunity to many New Yorkers who were previously left behind, and that’s great news for the whole of our city’s economy,” said Deputy Mayor for Housing and Economic Development Alicia Glen.
“With the recent addition of 11,000 jobs, an all-time high city jobs total of 4.3 million and a drop in unemployment, NYCEDC is proud to support Mayor de Blasio in driving a growing and equitable economy that will continue to serve more New Yorkers every day,” NYCEDC President Maria Torres-Springer.
April’s strongest sector was in leisure & hospitality and financial activities, which added 2,400 jobs and 1,900 in April, respectively. Since Mayor de Blasio took office, the strongest employment gains are in Health Care & Social Assistance, with growth of 48,000 jobs, and Professional, Scientific, & Technical Services, with growth of over 38,200 jobs.
Under the de Blasio administration, New York City has also seen a dramatic increase in the growth of jobs in neighborhoods outside of Manhattan. According to the most recent available data, the number of private sector jobs in boroughs outside of Manhattan increased by 6.4 percent since Mayor de Blasio took office, more than double the rate of the 2.9 percent increase in Manhattan, and significantly higher than the 4.7 percent increase in a comparable timeframe from 2011 to 2013 in the outer boroughs, demonstrating increased economic opportunity for many New Yorkers in neighborhoods that had been previously left behind.
Mayor de Blasio has been particularly focused on creating good middle class jobs that are accessible to New Yorkers from all backgrounds. Most recently, the City has engaged in a number of efforts to connect New Yorkers in neighborhoods across the five boroughs with good paying jobs. These efforts include the opening of a new Workforce1 Industrial and Transportation Career (ITC) Center in the Brooklyn Army Terminal and a recruitment event in Coney Island which hired for over 800 jobs.
Compliments of the NYCEDC