Q2 2018 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 nyclmis@gc.cuny.edu 212.817.2031
New York City Quarterly Brief Q2 2018 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 generous support from the New York City Workforce Funders. The Center for Urban Research (CUR) at the CUNY Graduate Center undertakes 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
Queens Quarterly Brief Q2 2018 Labor Market Highlights 3.8% 15.5% 5.4% Unemployment Jul 2018 Of NYC Jobs Are In This Borough Q4 2017 (Oct Dec) Of NYC Online Job Ads Are in This Borough Q2 2018 (Apr Jun) QUEENS New York City Labor Market Information Service 29
net labor force loss of net labor force gains of net job gains of net job gains of Queens Quarterly Brief Q2 2018 Queens Unemployment 3.8% -0.6-0.6 Borough Unemployment Rate (UR) Jul 2018 Percentage Point Decline in the UR Jul 2017 - Jul 2018 Percentage Points Below the Citywide Average Jul 2017 - Jul 2018 Year-over-year (YOY) the Queens unemployment rate (UR) declined. Since the last quarter, the UR in each borough edged up. Unemployment Rate by Borough Jul 2017- Jul 2018 Jobs growth and a smaller labor force lowered the UR over-the-year. But, the UR rose since the last quarter as more people looked for work than found a job. Borough Labor Force & Employment Change QUEENS 5.0% 4.5% 4.0% 3.5% 3.0% 2.5% Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 4.4% 3.5% 3.8% Change year-over-year (in percentage points) -0.6 9K 7K 5K 3K 1000-1K -3K Year-Over-Year: Jul 2017 Jul 2018 net labor force loss of -1.1K net job gains of 6.0K BRONX 7.5% 7.0% 6.5% 6.0% 5.5% 5.0% 6.8% 5.6% 6.1% -0.7 15K 10K 3-Month Change: Apr 2017 Jul 2018 net labor force gains of 11.6K net job gains of 8.3K 5K BROOKLYN 6.3% 5.8% 5.3% 4.8% 4.3% 3.8% 5.2% 4.2% 4.5% -0.7 0 The Queens UR outperforms the city, state, nation, and most boroughs. MANHATTAN STATEN ISLAND 5.8% 5.3% 4.8% 4.3% 3.8% 3.3% 6.1% 5.6% 5.1% 4.6% 4.1% 3.6% 4.4% 5.3% 3.6% 4.0% 3.8% 4.6% -0.2-0.3 Borough UR Compared to City, State & US Jul 2018 0% 1% 2% 3% 4% 5% 6% Queens New York City New York State 3.8% 4.4% 4.2% US 4.1% Source Local Area Unemployment Statistics, New York State Department of Labor. Data not seasonally adjusted. See Glossary on page 41 for details on seasonal adjustment. 30
Queens Quarterly Brief Q2 2018 Queens Employment 15.5% 86% +2.4% Of NYC Jobs are Based in this Borough Q4 2017 (Oct Dec) Of Borough-Based Jobs are in the Private Sector Q4 2017 Increase in Borough-Based Private Jobs Q4 2016 Q4 2017 (Oct Dec) There are 674K jobs in Queens. Distribution of Jobs by Sector Q4 2017 0 10.0K 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 142K 77K 65K 54K 51K 33K 27K 22K 20K 19K 17K 16K 16K 11K 7K 7K 5K 3K The borough s share of private jobs grew. Share of Private Jobs in the Borough Q4 2016 Q4 2017 Q4 2017 Q4 2016 Health care & social assistance Transportation & warehousing Retail trade Construction Accommodation & food services Job placement & waste services Other services, except public admin. Wholesale trade Manufacturing Professional & technical services Educational services Real estate & rental & leasing Finance & insurance Public admin. Information Arts entertainment & recreation Unclassified Company headquarters 85.7% 85.3% 0% 100% Queens s 3 largest sectors account for about 2 in every 5 jobs in the borough. Q4 2017 21% 11% 10% Health Care & Social Services Transportation Retail Trade Total employment grew 1.9% over the year, with gains in some areas of the economy mostly tempered by losses in others. These are the sectors with the most rapid changes to their payrolls: Q4 2016 - Q4 2017 Top 3 sectors that expanded the fastest 21% 16% 11% 6% 1% -4% 20% Professional scientific technical 8% 7% Company headquarters Bottom 3 sectors that contracted the fastest 0% -1% -2% -3% -4% -5% -6% Information Manufacturing Transportation warehousing Finance & insurance -3% -3% -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
Queens Quarterly Brief Q2 2018 Queens Online Job Ads 11.2K 5.4% 27% Job Ads 1 Were Posted Online Q2 2018 (Apr Jun) Of Jobs Advertised Online in NYC Are in This Borough Q2 20188 Of Online Job Ads Wanted Bachelor s Degrees or Higher Q2 2018 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 Not specified 49% Office, management, and interpersonal skills were in greatest demand among online job ads. Share of Online Job Ads Q2 2018 0 15% 12% 12% 7% 6% 6% 5% 5% 5% 5% Graduate 4% Advertised Education Requirements Customer Service Sales Scheduling Budgeting Project Management Customer Contact Administrative Support Teaching Repair Staff Management High school 21% Some college/ associate 3% Bachelor's 23% In this period, monthly ad volume peaked in May. Distribution of Online Ads Q2 2018 by month Jun 2018 May 2018 Q2 2018 Apr 2018 0% Large employers in health, airlines, and security services posted the most online ads seeking candidates who have less than a bachelor s degree. Share of Online Job Ads Q2 2018 0 0.4% 0.3% 0.3% 0.3% 28% 26% Allied Universal Security Welllife Network Northwell Health Jetblue Airways Corporation Worldwide Flight Services Macy s TD Bank Department Health Mental Hygiene Fresenius Mount Sinai 46%
Queens Quarterly Brief Q2 2018 These are the occupations advertised the most online in Queens this quarter. Organized by Typical Education Requirements Q2 2018 % Total Ad. Volume for Borough NYC Annual Median Wage BACHELOR S DEGREE Registered Nurses App Developers General & Operations Mgrs. Human Resources Specialists Medical & Health Services Mgrs. 2.7% 1.7% 1.2% 1.1% 1.0% $85.0K $111.8K $127.5K $69.4K $121.8K ASSOCIATE DEGREE Paralegals & Legal Assts. Preschool Teachers Engineering Techs Web Developers Radiologic Technologists 0.4% $54.1K $35.2K $59.9K $75.6K $69.5K SOME COLLEGE OR POSTSEC CERT. Heavy Truck Drivers Bkpg & Accounting Clerks Tech Support Specialists Medical Assts. Auto Techs & Mechanics 1.8% 1.3% 0.5% 0.5% 0.5% $47.0K $44.0K $55.2K $36.4K $39.1K HIGH SCHOOL DIPLOMA OR EQUIV. Sales Reps, Wholesale & Mfg. Customer Service Reps. Secys & Admin. Assts. Retail Sales Supervisors Home Health Aides 3.3% 3.1% 2.2% 1.5% 1.2% $60.2K $37.7K $40.4K $44.6K $24.3K NO FORMAL EDUCATION Retail Salespersons Laborers & Material Movers Food Preparers & Servers Restaurant Cooks Waiters & Waitresses 2.6% 1.0% $23.9K $28.7K $22.7K $27.1K $25.3K Sources NYCLMIS analysis of Labor Insights Burning Glass Technologies; Occupational Employment Statistics, 2018 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
Queens Quarterly Brief Q2 2018 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 Earn Up to $1,250/Month Resident Worker Age Distribution Resident Worker Education Distribution Under 30 Age 30-54 21% 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 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 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
Glossary Quarterly Brief Q2 2018 Glossary Job This is a broad term used to describe positions filled by employers. Depending on the context, it may be used interchangeably with occupations. Labor Force This term includes people of working age who are either employed or are unemployed and actively job searching. 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. Online Job Ads Jobs posted online give a window into employers talent demands in real-time. There are some limitations to this data. Some employers and industries are better represented online than others, depending on how much they rely on the internet to recruit talent. Also, the ratio of online ads to actual job openings is not always 1:1. Some postings may include multiple openings while others may be searching for talent not connected to any one opening. Sector This term describes standardized broad groupings of employers by economic or commercial activity. Seasonal Adjustment This describes the removal of seasonal hiring variations (e.g., holidays, school schedules, agricultural patterns, etc.) to reveal underlying economic trends. This technique is helpful when evaluating data over several years. This report present data that are not seasonally adjusted in order to reveal times of the year that are more and less favorable for hiring. Skills in Demand These refer to the training and knowledge required to do perform a specific job. This information offers an indication of the type of work that is in-demand across sectors and occupations. It can also help jobseekers gauge their ability to compete in the labor market. Unemployment Rate (UR) This is the number of people who are unemployed and actively job searching 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. Questions about this report? Contact: Pam Hoberman phoberman@gc.cuny.edu 212.817.2031 A special thanks to NYCLMIS staff Kasey Zapatka, Jaclyn Kelly, Kathleen Flandrick, and Ronnie Kauder for their valuable contributions to this report. Assorted icons by Freepik and Neal Creative. NYC map design by Scott Citron. New York City Labor Market Information Service 41
Staten Island Quarterly Brief Q2 2018 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 42