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NYC Is Biggest Private Sector Job Source in NYS

NEW YORK CITY—A new report by the Center for an Urban Future tracks employment levels throughout the state's major metropolitan areas over the last decade.

By Rayna Katz | Updated on March 19, 2015

NEW YORK CITY—The city’s share of the state’s private sector job total has spiked significantly over the past decade, from 43.0% in 2004 to 46.5% in 2014, according to a new report by the Center for an Urban Future. The study shows that New York City’s economic growth has significantly outpaced other metropolitan areas within the state and that the city’s impact on the state’s economy is greater than its share of the population.

According to the report, every other major metropolitan area in the state experienced a decline in their share of the state’s jobs during the same 10-year period, with the biggest drops occurring in Buffalo/Niagara Falls (whose share of state jobs fell from 6.5% in 2004 to 6.1 % in 2014) and Long Island (from 15.0% to 14.5%).

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