Posts Tagged ‘New York City’

Things Looking Up For Unemployed New Yorkers

Friday, August 20th, 2010

Employers in New York went on a hiring frenzy in July.

  • Several thousand unemployed New Yorkers were hired in July, marking the city’s best job growth since January.
  • The nonprofit sector, performing arts and restaurants were the most notable gainers, while transportation, hospitals and private educational services cut back.
  • Manufacturing jobs are still scarce and apparel manufacturers have shed 6,000 jobs since the recession began.

Facts & Figures

  • New York added about 24,600 jobs in July.
  • New York City’s unemployment rate was 9.4% in July.

Best Quote

“It’s very strong numbers in terms of jobs. Just about every sector performed above their historical averages.” – James Brown, Economist, Labor Department.