Tag Archives: private sector employment

NYC employment continues to set new records

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NYC Office Employment Update: August 2014

Employment_blogJLL’s monthly office employment update covers key employment statistics and trends, and the subsequent implications for real estate.

Highlights from the August update include:

  • NYC employment increased by 12,900 payrolls in June when seasonally adjusted.
  • Private sector employment grew by 2.8 percent, representing a significantly larger than usual gain.
  • The NYC unemployment rate lingered at 7.7 percent in June.

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With few exceptions, NYC employment has consistently risen over the last year

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New York City total nonfarm employment continues to set new records in May

Slide 1JLL’s New York City Employment Update covers key employment statistics and trends, and the subsequent implications for real estate.

Highlights from the July update include:

  • New York City total nonfarm employment continued to set new records in May, edging upward to 4,036,500.
  • NYC private sector employment grew by 2.3 percent, or 77,700, year-over-year.
  • The
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