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NYC Continues to Outpace US in Private Sector Employment

Market Stat: More Than 94,000 Jobs Added in the Past Year
The city continues to see hiring from key sectors this late in the cycle. (CoStar)
The city continues to see hiring from key sectors this late in the cycle. (CoStar)
CoStar Analytics
August 7, 2019 | 5:30 P.M.

Into the second half of the year, employment continues on its upward trajectory in New York City. The New York State Department of Labor reports that more than 94,000 private sector jobs have been added in the past year. This amounts to a 2.4% annual growth, well ahead of the U.S. average of 1.7%.

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