NYC Quarterly Labor Market Brief

Transcription

1 Queens NYC Quarterly Labor Market Brief Employment and labor force highlights in New York City and its five boroughs This brief was prepared for the New York City Workforce Funders by NYCLMIS CUNY Graduate Center New York, NY

2 New York City Quarterly Brief In This Issue Contents NEW YORK CITY... 3 THE BRONX BROOKLYN MANHATTAN QUEENS STATEN ISLAND GLOSSARY 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 actionoriented 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 datadriven 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. 2

3 Queens Quarterly Brief Labor Market Highlights 3.7% 662K 6.8K Unemployment Mar 2018 Jobs in the Borough Q (Jul Sep) Job Ads Posted Online (Jan Mar) QUEENS New York City Labor Market Information Service 29

4 Queens Quarterly Brief Queens Unemployment 3.7% K Borough Unemployment Rate (UR) Mar 2018 Percentage Point Decline in the UR Mar Mar 2018 More Residents Found Jobs Over the Number Who Entered the Labor Force Mar Mar 2018 Queens Unemployment Rate (UR) Compared to Other Boroughs Mar Mar 2018 QUEENS BRONX BROOKLYN MANHATTAN 4.8% 4.3% 3.8% 3.3% 2.8% 2.3% 7.5% 7.0% 6.5% 6.0% 5.5% 5.0% 4.5% 4.0% 6.3% 5.8% 5.3% 4.8% 4.3% 3.8% 5.8% 5.3% 4.8% 4.3% 3.8% 3.3% Mar-17 Jun-17 Sep-17 Dec-17 Mar % 6.1% 4.5% 3.9% 3.7% 5.8% 4.3% 3.7% Change over-the-year (in percentage points) Queens Labor Force & Employment Change Mar 2017 Mar K 4.5K 4.0K 3.5K 3.0K 2.5K 2.0K 1.5K 1.0K K more people entered the labor force Queens UR Compared to NYC, New York State & US Mar K more people gained employment 0% 1% 2% 3% 4% 5% 6% Queens New York City 3.7% 4.2% STATEN ISLAND 6.1% 5.6% 5.1% 4.6% 4.1% 3.6% 4.5% 4.1% -0.4 New York State US 4.1% 4.8% Source Local Area Unemployment Statistics, New York State Department of Labor. Data not seasonally adjusted. 30

5 Queens Quarterly Brief Queens Employment 662K 86% +2.7% Jobs are Based in this Borough Q (Jul Sep) Of Jobs in the Borough are in the Private Sector Q Increase in Borough-Based Private Jobs Q Q (Jul Sep) Queens Jobs by Sector Q K 20.0K 30.0K 40.0K 50.0K 60.0K 70.0K 80.0K 90.0K 100.0K 110.0K 120.0K 130.0K 140.0K 150.0K 160.0K 170.0K 138K 74K 63K 54K 51K 33K 27K 22K 20K 19K 16K 16K 16K 11K 9K 7K 6K 3K 3K 00 Queens-Based Private Jobs Count Q Q Q Q Health care & social assistance Transportation & warehousing Retail trade Construction Accommodation & food services Staffing agencies & waste mgmt services Other services, except public admin. Wholesale trade Manufacturing Professional & technical services Real estate & rental & leasing Finance & insurance Educational services Public admin. Arts entertainment & recreation Information Unclassified Utilities Company headquarters Agriculture fishing Mining quarrying 569K 554K Largest Sectors in Queens Q More than 2 in every 5 Queens jobs are in these 3 largest sectors. 21% 11% 10% Health Care & Social Services Transportation Queens Job Gains and Losses Q Q Top 3 sectors that grew the fastest 20% 18% 16% 14% 12% 10% 8% 6% 4% 2% 0% Bottom 3 sectors that grew most slowly or lost jobs 0% -1% -2% -3% -4% -5% -6% Retail Trade 19% 13% 8% Professional scientific technical Arts entertainment recreation Transportation warehousing Finance & insurance Manufacturing Information -4% -4% -5% Source NYCLMIS analysis of Quarterly Census of Employment & Wages Data Files, Private and Public Sector Employment, US Department of Labor Bureau of Labor Statistics. New York City Labor Market Information Service 31

6 Queens Quarterly Brief Queens Online Job Ads 6.8K 25% 31% Job Ads 1 Were Posted Online (Jan Mar) Of Online Job Ads Wanted Candidates with Less Than a Bachelor s Of Online Job Ads Wanted Bachelor s Degrees or Higher Not specified 44% Graduate 4% Advertised Education Requirements High school 21% Some college/ associate 4% Bachelor's 27% Queens Online Ad Volume by month Mar 2018 Feb 2018 Jan K 2.1K 2.7K 1240% 620% 1860% 2480% 3100% 3720% 4340% 4960% 5580% 6200% 6820% 7440% 8060% 8680% 9300% 10540% 9920% 11160% 11780% 12400% 13020% 13640% 14260% 14880% 15500% 16120% 16740% 17360% 17980% 18600% 19220% 19840% 20460% 21080% 21700% 22320% 22940% 23560% 24180% 24800% 25420% 26040% 26660% 27280% 27900% 28520% 29140% 29760% 30380% 31000% 31620% 32240% 32860% 33480% 34100% 34720% 35340% 35960% 36580% 37200% 37820% 38440% 39060% 39680% 40300% 40920% 41540% 42160% 42780% 43400% 44020% 44640% 45260% 45880% 46500% 47120% 47740% 48360% 48980% 49600% 50220% 50840% 51460% 52080% 52700% 53320% 53940% 54560% 55180% 55800% 56420% 57040% 57660% 58280% 58900% 59520% 60140% 60760% 61380% 62000% 62620% 63240% 63860% 64480% 65100% 65720% 66340% 66960% 67580% 68200% 68820% 69440% 70060% 70680% 71300% 71920% 72540% 73160% 73780% 74400% 75020% 75640% 76260% 76880% 77500% 78120% 78740% 79360% 79980% 80600% 81220% 81840% 82460% 83080% 83700% 84320% 84940% 85560% 86180% 86800% 87420% 88040% 88660% 89280% 89900% 90520% 91140% 91760% 92380% 93000% 93620% 94240% 94860% 95480% 96100% 96720% 97340% 97960% 98580% 99200% % 99820% % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % Employers Who Posted the Most Online Ads Seeking Candidates with Less than Bachelor s Most Requested Specialized Skills in Online Job Ads K Customer Service Scheduling Sales Budgeting Project Management Customer Contact Repair Staff Management Retail Industry Knowledge Teaching 77 Allied Universal Security Services 61 Welllife Network 39 Jetblue Airways Corporation 30 Dish Network 26 Northwell Health 22 Welllife Network 22 FedEx 22 Johns Hopkins University 22 Macy's 19 Central Queens Y 1 An 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. 32

7 Queens Quarterly Brief Occupations Advertised the Most Online in Queens by Education Level Web developers Paralegals & legal assistants Preschool teachers Human resource assistants Occupational therapty assts. # Job ads online NYC annual median wage ASSOCIATE DEGREE $80.4K $58.7K $43.9K $44.5K $63.2K Heavy truck drivers Bookkeeping & accounting clerks LPNs Tech support specialists Nursing assts. SOME COLLEGE OR POSTSECONDARY CERTIFICATE $47.5K $45.7K $55.3K $57.8K $38.6K Sales reps,wholesale trade & mfr. Secretaries & admin. assts. Retail sales supervisors Customer service reps Security guards HIGH SCHOOL DIPLOMA OR EQUIVALENT $61.2K $42.7K $48.4K $39.8K $30.3K Retail salespeople Food preparers & servers Laborers & material movers Restaurant cooks Maids & housekeeping cleaners NO FORMAL EQUCATION REQUIRED $21.8K $21.8K $26.0K $28.0K $40.4K 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. New York City Labor Market Information Service 33

8 Queens Quarterly Brief Queens Workforce Demographics 21% 28% 18% Of Working Residents are 29 Years of Age or Younger Of Working Residents have a Bachelor s Degree or Higher Of Working Residents Only Earn up to $1,250/Month Resident Worker Age Distribution Resident Worker Education Distribution Age 29 or younger Age % 30% 25% 20% 15% 10% 12% 17% 22% 28% Age 55 or older 56% 5% 0% Less than high school High school or equiv. Some college or associate Bachelor's or greater 23% Resident Worker Income Distribution Higher income (more than $3,333/m) 33.1% Middle income ($1,251 - $3,333/m) 18.1% Lower income ($1,250/m or less) 48.9% Commuting Patterns 332.5K Work here Live outside 251.4K Live & work Here 643.0K Live here Work outside Source OnTheMap, U.S. Census Bureau, Center for Economic Studies. Focus on primary jobs. 34

9 Glossary Quarterly Brief 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 phoberman@gc.cuny.edu Yuemeng Zhang yzhang@gc.cuny.edu 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. New York City Labor Market Information Service 41

10 Staten Island Quarterly Brief NEW YORK CITY LABOR MARKET INFORMATION SERVICE CUNY GRADUATE CENTER 365 FIFTH AVENUE, ROOM 6202 NEW YORK, NY