

NYC Continues to Outpace US in Private Sector Employment
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%. The largest gains have been in education and health services, which have added nearly 65,000 jobs in the first half of the year. The professional and business services sector came i