New York Overview New York offers a wide range of environments and work opportunities, though most of the Empire ...
New York Overview
New York offers a wide range of environments and work opportunities, though most of the Empire State's employers and 9.5 million workers are centered in New York City. New York job conditions are similar to New York City's, in that opportunities are gradually improving.
New York Job Opportunities
The diversity of New York work opportunities, employers and cultures is unmatched across the nation, especially in the finance and information sectors, which contribute a majority of dollars to the state's economy.
Healthcare and social assistance opportunities dominate employment in New York and are forecasted to rise the fastest in order to service the rapidly growing numbers of older residents. Professional, business and educational services are expected to add the second-most New York jobs over the next decade.
New York Employment Trends
After hitting bottom in early 2010, New York's employment conditions are showing a slow and sporadic recovery. By the end of 2011, the state's unemployment rate was steady at 8.2 percent and state payrolls had been expanding for nearly two years. The volume of online job listings, which had declined for much of 2011, stabilized in early 2012.
Jobs in New York are expected to increase 1.2 percent between Q2 2012 and Q2 2013, just below the 1.3 percent gain expected in the nation's job supply during that time, according to a Moody's Analytics forecast.