Tag Archives: tech employment

Employment Update: July 2016 from New York Research

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The JLL New York Research Team has released their latest report, the New York Employment Update, which is a monthly review and analysis of the local economy and the overall employment situation and dynamics.

Some highlights of the report include an employment pickup that occurred in June, piloted by an 8,000 job-expansion month-over-month. Total employment remains elevated by 1.9 percent year-over-year.

So what does this mean for commercial real estate in the Big… Read More

Tech sector accounted for 16.2% of Manhattan leasing activity in 2014

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JLL NYC Research: January Tech Monthly

High-tech_blogJLL’s Tech Monthly reports on activity in New York’s tech sector, including employment growth, leasing activity, venture capital funding and companies hiring.

Key takeaways from our January update include:

  • The tech sector accounted for 16.2 percent of Manhattan leasing activity in 2014, an increase of 4.9 percentage points year-over-year
  • NYC start-ups raised more than $5.0 billion in funding during 2014—a
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Number of large tech leases climbs

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High-tech_blogJLL NYC Research: December Tech Monthly

JLL’s Tech Monthly considers activity in New York’s tech sector, including employment growth, leasing activity, venture capital funding and companies hiring.

Key takeaways from our December update include:

  • After a dip in October, NYC tech employment ramped up in November, increasing by 5.7 percent year-over-year
  • Tech leasing regained momentum in November, posting 746,383 square feet of activity
  • As options in Midtown South
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NYC’s tech sector continued on its usual growth trajectory in May

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Q2 tech leasing activity surpasses previous quarter

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The July issue of JLL’s NYC Tech Monthly reported that in May, tech employment increased by 5.8 percent year-over-year, again marking the largest industry growth among all major sectors. Month-over-month however, the sector experienced a decline, losing 600 jobs in May.

Other highlights of the report include: