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Q1 2018 This brief was prepared for the New York City Workforce Funders by NYCLMIS CUNY Graduate Center New York, NY [email protected] 212.817.2031 NYC Quarterly Labor Market Brief Employment and labor force highlights in New York City and its five boroughs Brooklyn

NYC Quarterly Labor Market Brief - Graduate Center, CUNY · Largest Sectors in Brooklyn . Q3 2017 -3,000. More than 1 in every 2 Brooklyn jobs are in these 3 largest sectors: Health

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Page 1: NYC Quarterly Labor Market Brief - Graduate Center, CUNY · Largest Sectors in Brooklyn . Q3 2017 -3,000. More than 1 in every 2 Brooklyn jobs are in these 3 largest sectors: Health

Q1 2018

This brief was prepared for the New York City Workforce Funders by NYCLMIS • CUNY Graduate Center • New York, NY • [email protected] • 212.817.2031

NYC Quarterly Labor Market Brief Employment and labor force highlights in New York City and its five boroughs

Brooklyn

Page 2: NYC Quarterly Labor Market Brief - Graduate Center, CUNY · Largest Sectors in Brooklyn . Q3 2017 -3,000. More than 1 in every 2 Brooklyn jobs are in these 3 largest sectors: Health

New York City | Quarterly Brief | Q1 2018

2 |

In This Issue Contents

NEW YORK CITY ....................................... 3

THE BRONX ............................................. 11

BROOKLYN .............................................. 17

MANHATTAN ........................................... 23

QUEENS .................................................... 29

STATEN ISLAND ..................................... 35

GLOSSARY ................................................ 41

About This quarterly report provides education and workforce development professionals with timely data about jobs, industries, in-demand skills, and workers in NYC and its five boroughs. This report is made possible with the generous support from the New York City Workforce Funders.

The Center for Urban Research (CUR) at the CUNY Graduate Center undertakes basic research addressing the issues facing New York and other large cities. A common thread in CUR activities is to understand the broad forces shaping patterns of inequality, inter-group relations, and neighborhood life in large urban areas and how these trends influence and are influenced by political participation, civic engagement, and the role of government. CUR has three operating units: the CUNY Data Service, the CUNY Mapping Service, and the New York City Labor Market Information Service (NYCLMIS).

The NYCLMIS at the City University of New York Graduate Center is the go-to resource for action-oriented intelligence about the labor market. We provide timely and accurate information about the labor market to help educators, workforce professionals, economic development organizations, and philanthropies make data-driven decisions that will help their students, customers, and constituencies achieve success in the labor market. We are dedicated to rigor, close collaboration with our clients, advancing the skills of the workforce, and contributing to a healthy economy.

Page 3: NYC Quarterly Labor Market Brief - Graduate Center, CUNY · Largest Sectors in Brooklyn . Q3 2017 -3,000. More than 1 in every 2 Brooklyn jobs are in these 3 largest sectors: Health

Brooklyn | Quarterly Brief | Q1 2018

New York City Labor Market Information Service | 17

Labor Market Highlights

4.3% 708K 9.6K Unemployment

Mar 2018 Jobs in the Borough Q3 2017 (Jul – Sep)

Job Ads Posted Online Q1 2018 (Jan – Mar)

BROOKLYN

Page 4: NYC Quarterly Labor Market Brief - Graduate Center, CUNY · Largest Sectors in Brooklyn . Q3 2017 -3,000. More than 1 in every 2 Brooklyn jobs are in these 3 largest sectors: Health

Brooklyn | Quarterly Brief | Q1 2018

18 |

Brooklyn Unemployment 4.3% -0.2 +2.9K

Borough Unemployment Rate (UR)

Mar 2018

Percentage Point Decline in the UR

Mar 2017 - Mar 2018

More Residents Found Jobs Over the Number Who Entered the Labor Force

Mar 2017 - Mar 2018

Brooklyn Unemployment Rate (UR) Compared to Other Boroughs Mar 2017- Mar 2018

BROO

KLYN

Change over-the-year (in percentage

points)

-0.2

BRON

X

-0.3

MAN

HATT

AN

-0.2

QUEE

NS

-0.2

STAT

EN

ISLA

ND

-0.4

Brooklyn Labor Force & Employment Change Mar 2017 – Mar 2018

Brooklyn UR Compared to NYC, New York State & US Mar 2018

4.5%

4.3%3.0%

3.5%

4.0%

4.5%

5.0%

5.5%

Mar-17 Jun-17 Sep-17 Dec-17 Mar-18

6.1%

5.8%4.0%4.5%5.0%5.5%6.0%6.5%7.0%7.5%

3.9%

3.7%3.3%

3.8%

4.3%

4.8%

5.3%

5.8%

3.9%

3.7%3.1%

3.6%

4.1%

4.6%

5.1%

5.6%

4.5%

4.1%3.6%

4.1%

4.6%

5.1%

5.6%

6.1%

1.6K

4.5K

0

500

1.0K

1.5K

2.0K

2.5K

3.0K

3.5K

4.0K

4.5K

5.0K

more people entered the labor force

more people gained employment

Brooklyn

New York City

New York State

US

4.3%

4.2%

4.8%

4.1%

0% 1% 2% 3% 4% 5% 6%

Source | Local Area Unemployment Statistics, New York State Department of Labor. Data not seasonally adjusted.

Page 5: NYC Quarterly Labor Market Brief - Graduate Center, CUNY · Largest Sectors in Brooklyn . Q3 2017 -3,000. More than 1 in every 2 Brooklyn jobs are in these 3 largest sectors: Health

Brooklyn | Quarterly Brief | Q1 2018

New York City Labor Market Information Service | 19

Source | NYCLMIS analysis of Quarterly Census of Employment & Wages Data Files, Private and Public Sector Employment, US Department of Labor Bureau of Labor Statistics.

Brooklyn Employment 708K 86% +4.5%

Jobs are Based in this Borough

Q3 2017 (Jul – Sep)

Of Jobs in the Borough are in the Private Sector

Q3 2017

Increase in Borough-Based Private Jobs

Q3 2016 – Q3 2017 (Jul – Sep)

Brooklyn Jobs by Sector Q3 2017

Largest Sectors in Brooklyn Q3 2017 More than 1 in every 2 Brooklyn jobs are in these 3 largest sectors:

Health Care & Social Services

Education Retail

Brooklyn Job Gains and Losses Q3 2016 – Q3 2017

Top 3 sectors that grew the fastest

Bottom 3 sectors that grew most slowly or lost jobs

Brooklyn-Based Private Jobs Count Q3 2016 – Q3 2017

222K77K76K50K32K31K29K24K23K22K20K18K16K11K

9K8K6K2K

Health care & social assistanceEducational servicesRetail tradeAccommodation & food servicesConstructionStaffing agencies & waste mgmt servicesOther services, except public admin.Wholesale tradeTransportation & warehousingProfessional & technical servicesManufacturingReal estate & rental & leasingFinance & insuranceInformationArts entertainment & recreationUnclassifiedPublic admin.Company headquarters

-3,000 7.0K 17.0K 27.0K 37.0K 47.0K 57.0K 67.0K 77.0K 87.0K 97.0K107.0K117.0K127.0K137.0K147.0K157.0K167.0K177.0K187.0K197.0K207.0K217.0K227.0K237.0K247.0K257.0K267.0K

31% 11% 11%

9% 8% 6%

0%1%2%3%4%5%6%7%8%9%

10%

Health care &social assistance

Accommodation &food services

Real estate &rental & leasing

0%

-1%-20%

-25%

-20%

-15%

-10%

-5%

0%

5%

Wholesaletrade Manufacturing

Companyheadquarters

Q3 2016Q3 2017

584K610K

Page 6: NYC Quarterly Labor Market Brief - Graduate Center, CUNY · Largest Sectors in Brooklyn . Q3 2017 -3,000. More than 1 in every 2 Brooklyn jobs are in these 3 largest sectors: Health

Brooklyn | Quarterly Brief | Q1 2018

20 |

1An ad is not a job opening. Some postings advertise several openings while others search for talent not connected to a specific opening. Still, this measure is among the best available for indicators of future hiring.

Source | NYCLMIS analysis of Labor Insights Burning Glass Technologies.

Brooklyn Online Job Ads 9.6K 20% 35%

Job Ads1 Were Posted Online Q1 2018 (Jan –Mar)

Of Online Job Ads Wanted Candidates with Less Than a Bachelor’s

Q1 2018

Of Online Job Ads Wanted Bachelor’s Degrees or Higher

Q1 2018

Brooklyn Online Ad Volume Q1 2018 by month

Employers Who Posted the Most Online Ads Seeking Candidates with Less than Bachelor’s Q1 2018

232 NYU Langone Health

81 Allied Universal Security Systems

69 Camba

40 New York City Department Education

24 Institute For Community Living

24 TD Bank

23 JP Morgan Chase Company

23 Macy's

22 24-Hour Fitness

22 SCO Family Of Services

Most Requested Specialized Skills in Online Job Ads Q1 2018

High school

16%Some college/

associate

4%

Bachelor's

28%Graduate

7%

Not specified

45%

Advertised Education

RequirementsQ1 2018

Jan 2018

Feb 2018

Mar 2018

2.7K2.8K

4.1K

0%900%1800%2700%3600%4500%5400%6300%7200%8100%9000%9900%10800%11700%12600%13500%14400%15300%16200%17100%18000%18900%19800%20700%21600%22500%23400%24300%25200%26100%27000%27900%28800%29700%30600%31500%32400%33300%34200%35100%36000%36900%37800%38700%39600%40500%41400%42300%43200%44100%45000%45900%46800%47700%48600%49500%50400%51300%52200%53100%54000%54900%55800%56700%57600%58500%59400%60300%61200%62100%63000%63900%64800%65700%66600%67500%68400%69300%70200%71100%72000%72900%73800%74700%75600%76500%77400%78300%79200%80100%81000%81900%82800%83700%84600%85500%86400%87300%88200%89100%90000%90900%91800%92700%93600%94500%95400%96300%97200%98100%99000%99900%100800%101700%102600%103500%104400%105300%106200%107100%108000%108900%109800%110700%111600%112500%113400%114300%115200%116100%117000%117900%118800%119700%120600%121500%122400%123300%124200%125100%126000%126900%127800%128700%129600%130500%131400%132300%133200%134100%135000%135900%136800%137700%138600%139500%140400%141300%142200%143100%144000%144900%145800%146700%147600%148500%149400%150300%151200%152100%153000%153900%154800%155700%156600%157500%158400%159300%160200%161100%162000%162900%163800%164700%165600%166500%167400%168300%169200%170100%171000%171900%172800%173700%174600%175500%176400%177300%178200%179100%180000%180900%181800%182700%183600%184500%185400%186300%187200%188100%189000%189900%190800%191700%192600%193500%194400%195300%196200%197100%198000%198900%199800%200700%201600%202500%203400%204300%205200%206100%207000%207900%208800%209700%210600%211500%212400%213300%214200%215100%216000%216900%217800%218700%219600%220500%221400%222300%223200%224100%225000%225900%226800%227700%228600%229500%230400%231300%232200%233100%234000%234900%235800%236700%237600%238500%239400%240300%241200%242100%243000%243900%244800%245700%246600%247500%248400%249300%250200%251100%252000%252900%253800%254700%255600%256500%257400%258300%259200%260100%261000%261900%262800%263700%264600%265500%266400%267300%268200%269100%270000%270900%271800%272700%273600%274500%275400%276300%277200%278100%279000%279900%280800%281700%282600%283500%284400%285300%286200%287100%288000%288900%289800%290700%291600%292500%293400%294300%295200%296100%297000%297900%298800%299700%300600%301500%302400%303300%304200%305100%306000%306900%307800%308700%309600%310500%311400%312300%313200%314100%315000%315900%316800%317700%318600%319500%320400%321300%322200%323100%324000%324900%325800%326700%327600%328500%329400%330300%331200%332100%333000%333900%334800%335700%336600%337500%338400%339300%340200%341100%342000%342900%343800%344700%345600%346500%347400%348300%349200%350100%351000%351900%352800%353700%354600%355500%356400%357300%358200%359100%360000%360900%361800%362700%363600%364500%365400%366300%367200%368100%369000%369900%370800%371700%372600%373500%374400%375300%376200%377100%378000%378900%379800%380700%381600%382500%383400%384300%385200%386100%387000%387900%388800%389700%390600%391500%392400%393300%394200%395100%396000%396900%397800%398700%399600%400500%401400%402300%403200%404100%405000%405900%406800%407700%408600%409500%410400%411300%412200%413100%414000%414900%415800%416700%417600%418500%419400%420300%421200%422100%423000%423900%424800%425700%426600%427500%428400%429300%430200%431100%432000%432900%433800%434700%435600%436500%437400%438300%439200%440100%441000%441900%442800%443700%444600%445500%446400%447300%448200%449100%450000%

1.1K1.0K963798748630542491434414

Customer Service

Scheduling

Teaching

Sales

Budgeting

Project Management

Staff Management

Patient Care

Quality Assurance and Control

Case Management

02.3564.7127.0689.42411.7814.13616.49218.84821.20423.5625.91628.27230.62832.98435.3437.69640.05242.40844.76447.1249.47651.83254.18856.54458.961.25663.61265.96868.32470.6873.03675.39277.74880.10482.4684.81687.17289.52891.88494.2496.59698.952101.308103.664106.02108.376110.732113.088115.444117.8120.156122.512124.868127.224129.58131.936134.292136.648139.004141.36143.716146.072148.428150.784153.14155.496157.852160.208162.564164.92167.276169.632171.988174.344176.7179.056181.412183.768186.124188.48190.836193.192195.548197.904200.26202.616204.972207.328209.684212.04214.396216.752219.108221.464223.82226.176228.532230.888233.244235.6237.956240.312242.668245.024247.38249.736252.092254.448256.804259.16261.516263.872266.228268.584270.94273.296275.652278.008280.364282.72285.076287.432289.788292.144294.5296.856299.212301.568303.924306.28308.636310.992313.348315.704318.06320.416322.772325.128327.484329.84332.196334.552336.908339.264341.62343.976346.332348.688351.044353.4355.756358.112360.468362.824365.18367.536369.892372.248374.604376.96379.316381.672384.028386.384388.74391.096393.452395.808398.164400.52402.876405.232407.588409.944412.3414.656417.012419.368421.724424.08426.436428.792431.148433.504435.86438.216440.572442.928445.284447.64449.996452.352454.708457.064459.42461.776464.132466.488468.844471.2473.556475.912478.268480.624482.98485.336487.692490.048492.404494.76497.116499.472501.828504.184506.54508.896511.252513.608515.964518.32520.676523.032525.388527.744530.1532.456534.812537.168539.524541.88544.236546.592548.948551.304553.66556.016558.372560.728563.084565.44567.796570.152572.508574.864577.22579.576581.932584.288586.644589591.356593.712596.068598.424600.78603.136605.492607.848610.204612.56614.916617.272619.628621.984624.34626.696629.052631.408633.764636.12638.476640.832643.188645.544647.9650.256652.612654.968657.324659.68662.036664.392666.748669.104671.46673.816676.172678.528680.884683.24685.596687.952690.308692.664695.02697.376699.732702.088704.444706.8709.156711.512713.868716.224718.58720.936723.292725.648728.004730.36732.716735.072737.428739.784742.14744.496746.852749.208751.564753.92756.276758.632760.988763.344765.7768.056770.412772.768775.124777.48779.836782.192784.548786.904789.26791.616793.972796.328798.684801.04803.396805.752808.108810.464812.82815.176817.532819.888822.244824.6826.956829.312831.668834.024836.38838.736841.092843.448845.804848.16850.516852.872855.228857.584859.94862.296864.652867.008869.364871.72874.076876.432878.788881.144883.5885.856888.212890.568892.924895.28897.636899.992902.348904.704907.06909.416911.772914.128916.484918.84921.196923.552925.908928.264930.62932.976935.332937.688940.044942.4944.756947.112949.468951.824954.18956.536958.892961.248963.604965.96968.316970.672973.028975.384977.74980.096982.452984.808987.164989.52991.876994.232996.588998.9441001.31003.6561006.0121008.3681010.7241013.081015.4361017.7921020.1481022.5041024.861027.2161029.5721031.9281034.2841036.641038.9961041.3521043.7081046.0641048.421050.7761053.1321055.4881057.8441060.21062.5561064.9121067.2681069.6241071.981074.3361076.6921079.0481081.4041083.761086.1161088.4721090.8281093.1841095.541097.8961100.2521102.6081104.9641107.321109.6761112.0321114.3881116.7441119.11121.4561123.8121126.1681128.5241130.881133.2361135.5921137.9481140.3041142.661145.0161147.3721149.7281152.0841154.441156.7961159.1521161.5081163.8641166.221168.5761170.9321173.2881175.6441178

Page 7: NYC Quarterly Labor Market Brief - Graduate Center, CUNY · Largest Sectors in Brooklyn . Q3 2017 -3,000. More than 1 in every 2 Brooklyn jobs are in these 3 largest sectors: Health

Brooklyn | Quarterly Brief | Q1 2018

New York City Labor Market Information Service | 21

Sources | NYCLMIS analysis of Labor Insights Burning Glass Technologies; Occupational Employment Statistics, 2017 Q1, New York State Department of Labor. Educational requirements are based on survey data collected by the US Bureau Labor of Statistics.

Occupations Advertised the Most Online in Brooklyn by Education Level Q1 2018

109383331

18

11880

474137

191170

146131

124

2214540

2621

$80.4K$43.9K

$58.7K$52.8K

$63.2K

$55.3K$45.7K$46.3K$47.5K

$57.8K

$61.2K$39.8K

$48.4K$42.7K

$30.3K

$21.8K$21.8K

$28.0K$34.4K

$40.4K

0102030405060708090100110120130140150160170180190200210220230240250260270280290300310320330340350360370380390400410420430440450460470480490500510520530540550560570580590600610620630640650660670680690700710720730740750760770780790800810

Web developers

Preschool teachers

Paralegals & legal assistants

Medical & clinical lab techs

Occupational therapy assts.

LPNs

Bookkeeping & accounting clerks

Health information technicians

Heavy truck drivers

Tech support specialists

Sales reps,wholesale trade & mfr.

Customer service reps

Retail sales supervisors

Secretaries & admin assistants

Security guards

Retail salespeople

Food prep workers & servers

Restaurant cooks

Janitors & cleaners

Maids & housekeeping cleaners

ASSOCIATE DEGREE

SOME COLLEGE OR POSTSECONDARY CERTIFICATE

HIGH SCHOOL DIPLOMA OR EQUIVALENT

NO FORMAL EQUCATION REQUIRED

# Job ads online

NYC annual median wage

Page 8: NYC Quarterly Labor Market Brief - Graduate Center, CUNY · Largest Sectors in Brooklyn . Q3 2017 -3,000. More than 1 in every 2 Brooklyn jobs are in these 3 largest sectors: Health

Brooklyn | Quarterly Brief | Q1 2018

22 | Source | OnTheMap, U.S. Census Bureau, Center for Economic Studies. Focus on primary jobs.

Brooklyn Workforce Demographics 24 % 26% 20%

Of Working Residents are 29 Years of Age or Younger

Calendar Year 2015

Of Working Residents have a Bachelor’s Degree or Higher

Calendar Year 2015

Of Working Residents Only Earn up to $1,250/Month

Calendar Year 2015

Resident Worker Age Distribution Calendar Year 2015

Age 29 or younger

24%

Age 30-54

56.0%

Age 55 or older

20%

Resident Worker Education Distribution Calendar Year 2015

Resident Worker Income Distribution Calendar Year 2015

Commuting Patterns Calendar Year 2015

11%17%

22%26%

0%

5%

10%

15%

20%

25%

30%

Less than high school

High school or equiv.

Some college or associate

Bachelor's or greater

47%

34%

20%

Higher income (more than $3,333/m)

Middle income ($1,251 - $3,333/m)

Lower income ($1,250/m or less)

0 0.010.020.030.040.050.060.070.080.090.10.110.120.130.140.150.160.170.180.190.20.210.220.230.240.250.260.270.280.290.30.310.320.330.340.350.360.370.380.390.40.410.420.430.440.450.460.470.480.490.50.510.520.530.540.550.560.570.580.590.6 321.0K Work here

Live outside

340.5K Live & work

Here

656.6K Live here

Work outside

Page 9: NYC Quarterly Labor Market Brief - Graduate Center, CUNY · Largest Sectors in Brooklyn . Q3 2017 -3,000. More than 1 in every 2 Brooklyn jobs are in these 3 largest sectors: Health

Glossary | Quarterly Brief | Q1 2018

New York City Labor Market Information Service | 41

Glossary Labor Force This term includes people of working age who are either employed or are unemployed and actively seeking employment. Unemployment Rate (UR) This is the number of people who are unemployed and actively seeking employment divided by the size of the labor force. This does not include people who are marginally attached to the labor force or discouraged from participating in it. Sector This term describes standardized broad groupings of employers by economic or commercial activity. Occupation Sometimes used interchangeably with “job,” this term describes standardized, detailed groupings of workers who carry out similar activities. Occupations are organized based on the work performed, and sometimes on skills, education, and training requirements.

Job This is a broad term used to describe positions filled by employers. Depending on the context, it may be used interchangeably with “occupations.” Online Job Ads These are job announcements that are posted online. This report presents these data in aggregate to illustrate overall demand online. The ratio of online ads to actual job openings is not always 1:1. Moreover, not all jobs are equally represented online. Some industries and employers may advertise exclusively online. Some may prefer to recruit through word of mouth or through existing talent networks. Others may employ some combination of one or more of these techniques to identify talent. Specialized Skills These refer to the training and knowledge required to do perform a specific job. In aggregate, they can offer an indication of the type of work that is in-demand across sectors and occupations.

Questions about this report? Contact: Pam Hoberman • [email protected] • 212.817.2037 Yuemeng Zhang • [email protected] • 212.817.2035 A special thanks to NYCLMIS staff Kasey Zapatka, Jaclyn Kelly, and Ronnie Kauder for their valuable contributions to this report, and to NYCLMIS Director, Lesley Hirsch, for her exceptional creativity and guidance.

Assorted icons by Freepik and Neal Creative. NYC map design by Scott Citron.

Page 10: NYC Quarterly Labor Market Brief - Graduate Center, CUNY · Largest Sectors in Brooklyn . Q3 2017 -3,000. More than 1 in every 2 Brooklyn jobs are in these 3 largest sectors: Health

Staten Island | Quarterly Brief | Q1 2018

42 |

NEW YORK CITY LABOR MARKET INFORMATION SERVICE CUNY GRADUATE CENTER 365 FIFTH AVENUE, ROOM 6202 NEW YORK, NY 10016 www.gc.cuny.edu/lmis 212.817.2031