NYC Quarterly Labor Market Brief

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 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

New York City Quarterly Brief Labor Market Highlights 4.4% 4.5M 208.2K Unemployment Jobs Citywide Job Ads Posted Online (Apr Jun) NEW YORK CITY New York City Labor Market Information Service 3

net labor force loss of net labor force gains of net job gains of net job gains of New York City Quarterly Brief New York City Unemployment 4.4% -0.6 +15.0K Citywide Unemployment Rate (UR) Percentage Point Decline in the UR Jul 2017 - More Residents Found Jobs Over the Number Who Exited the Labor Force Jul 2017 - Year-over-year, the unemployment rate (UR) continues to decline citywide and in each borough. Since the last quarter, the UR in each borough edged up. NYC Unemployment Rate by Borough Jul 2017- 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. NYC Labor Force & Employment Change NEW YORK CITY 5.7% 5.2% 4.7% 4.2% 3.7% 3.2% Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 5.0% 4.1% 4.4% Change year-over-year (in percentage points) -0.6 Year-Over-Year: Jul 2017 45K 35K 25K 15K 5K -5K -15K net labor force loss of -6.1K net job gains of 21.1K BRONX BROOKLYN MANHATTAN QUEENS 7. 7.0% 6. 6.0% 5. 5.0% 6.3% 5.8% 5.3% 4.8% 4.3% 5.8% 5.3% 4.8% 4.3% 3.3% 5.6% 5.1% 4.6% 4.1% 3.6% 3.1% 6.8% 5.2% 4.4% 4.4% 5.6% 6.1% 4.2% 4. 3.6% 3. -0.7-0.7-0.6-0.6 3-Month Change: Apr 2017 60K 50K 40K 30K 20K 10K 0 net labor force gains of 44.8K net job gains of 29.0K Citywide jobless rate lags slightly behind the state and nation. NYC UR Compared to New York State and US 0% 1% 2% 3% 4% 6% New York City 4.4% STATEN ISLAND 6.1% 5.6% 5.1% 4.6% 4.1% 3.6% 5.3% 4.0% 4.6% -0.7 New York State US 4.2% 4.1% Sources NYC & NYS data: Local Area Unemployment Statistics, New York State Department of Labor. Not seasonally adjusted. US data: Bureau of Labor Statistics, Current Population Survey. Not seasonally adjusted. See Glossary on page 41 for details on seasonal adjustment. 4

New York City Quarterly Brief New York City Employment 74.4K +2.2% 88.0% Net Gains in Private Jobs Jul 2017 Private Jobs Growth Jul 2017 Of All NYC Jobs are in the Private Sector With few exceptions, the City s largest sectors drive most jobs growth. Government continues to shed jobs. Construction, the city s 11 th largest sector, ranks fifth in job creation. Job Gains & Losses by Sector Jul 2017-10000 -9000-8000 -7000-6000 -5000-4000 -3000-2000 -10001000 2000 3000 4000 5000 6000 7000 8000 9000 10000 11000 12000 13000 14000 15000 16000 17000 18000 19000 20000 21000 22000 23000 24000 25000 26000 27000 28000 29000 30000 31000 32000 33000 34000 35000 36000 37000 38000 39000 40000 41000 42000 43000 44000 45000 46000 47000 48000 49000 50000 51000 52000 53000 54000 55000 56000 57000 58000 59000 60000 61000 62000 63000 64000 65000 66000 67000 68000 69000 70000 71000 72000 73000 74000 75000 76000 77000 78000 79000 80000 81000 82000 83000 84000 85000 86000 87000 88000 89000 90000 91000 92000 93000 94000 95000 96000 97000 98000 99000 100000 101000 102000 103000 104000 105000 106000 107000 108000 109000 110000 111000 112000 113000 114000 115000 116000 117000 118000 119000 120000 31K 10K 8K 7K 7K 5K 5K 4K 2K 2K 2K 2K 900 100 0-600 -1K -2K Health Care & Social Assistance Professional Scientific & Technical Svcs Accommodation & Food Svcs. Retail Trade Construction & Mining Arts Entertainment & Recreation Educational Services Finance & Insurance Temporary Help & Waste Svcs. Other Services Wholesale Trade Transportation & Warehousing Company Headquarters Information Utilities Real Estate Rental & Leasing Government Manufacturing NYC outpaces the state and nation in private-sector jobs growth. Private Sector Growth by Location Jul 2017 - (in percentage points) 4.0% 3. 3.0% 2. 2.0% 1. 1.0% 0. 0.0% 2.2% 1.9% 1.9% New York City New York State U.S. The NYC economy is service-driven, with a smaller share of goods-producing jobs relative to the nation. Share of jobs in US & NYC economies that are goods producing v. service providing US NYC 14% 86% 9 86% 88% Jobs in goods producing sectors Jobs in service providing sectors Of all jobs are in the private sector Sources NYCLMIS analysis of Current Employment Estimates, New York State Department of Labor and US Bureau of Labor Statistics. Data not seasonally adjusted. See Glossary on page 41 for details on seasonal adjustment. New York City Labor Market Information Service 5

New York City Quarterly Brief In July 2018, there were 4.5 Million NYC Jobs About 3 in 5 Jobs (63%) were concentrated in these 6 Largest Sectors: 17% 12% 10% Health Care Government Professional Services 8% 8% 8% Accommodation & Food Services Retail Trade Finance & Insurance Number of New York City Jobs by Sector 0 100.0K 200.0K 300.0K 400.0K 500.0K 600.0K 700.0K Health Care & Social Assistance Government 561.3K 432.2K Professional Scientific & Technical Services 375.1K Accommodation & Food Svcs. Retail Trade 354.2K 346.6K Finance & Insurance 255.4K Job Placement Svcs. & Waste Mgmt. 227.8K Educational Services 197.8K Information 193.4K Other Services 160.1K Construction & Mining 147.6K Wholesale Trade 132.7K Real Estate Rental & Leasing 119.8K Transportation & Warehousing 96.3K Arts Entertainment & Recreation 74.4K Company Headquarters 71.2K Manufacturing 15.8K Utilities 741.7K Source NYCLMIS analysis of Current Employment Estimates, New York State Department of Labor. Data not seasonally adjusted. See Glossary on page 41 for details on seasonal adjustment. 6

. New York City Quarterly Brief New York City Online Job Ads 208.2K 11% 42% Job Ads 1 Posted Online (Apr Jun) Of Online Job Ads Wanted Candidates with Less Than a Bachelor s Of Online Job Ads Wanted Bachelor s Degrees or Higher Most jobs advertised online were based in Manhattan. Online Ads by Borough 82% 8% Manhattan Brooklyn Queens 4% 1% In this period, monthly ad volume peaked in May. Distribution of Online Ads by month 0% JUN 2018 MAY 2018 APR 2018 28% 28% 44% Bronx Staten Island Employers may face hiring challenges for these high-volume occupations. Occupations in NYC that are in Demand and Hardest to Fill Relative to Rest of Nation, by Days to Fill, with Ad Volume and Salary Estimates 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1 Days to Fill 39 31 39 40 41 42 62 35 34 32 Occupation Software Developer / Engineer Office / Administrative Assistant Sales Representative Business Development / Sales Manager Marketing Manager Registered Nurse Physician Business / Management Analyst Retail Sales Associate Customer Service Representative # Ads 10.1K 4.6K 4.5K 3.7K 3.4K 3.4K 3.2K 3.2K 2.8K 2.6K Ann. Salary $123.0K $44.6K $72.1K $95.1K $99.2K $78.0K $126.3K $92.8K $40.8K $39.6K 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. New York City Labor Market Information Service 7

New York City Quarterly Brief These specialized skills are in greatest demand in online job ads: Share of Total Online Ads (Apr Jun) 0 11.1% 1 10.1% 9.9% 9.8% 5.7% 5.3% 4.8% 4.8% 4.6% Health, business, and other professional certifications are in greatest demand among online job ads. Share of Total Online Ads 0 3.6% 1.8% 1.3% 0.9% 0.6% 0.6% 0. 0. 0. 0. Customer Service Project Management Budgeting Sales Scheduling SQL Customer Contact Social Media Staff Management Java Driver's License Registered Nurse Certified Public Accountant (CPA) Project Management Certification Advanced Cardiac Life Support (ACLS) Certification First Aid Cpr Aed Project Management Professional (PMP) Board Certified/Board Eligible IT Infrastructure Library (ITIL) Certification Licensed Master Social Worker (LMSW) Nearly half of ads did not that specify education preferences, but of those that did, a majority sought candidates with a bachelor s degree. Share of Total Online Ads Not specified 46% Advanced Large employers in health, education, and finance posted the most online ads seeking candidates with less than a bachelor s degree. Share of Total Online Ads 0 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% High school 9% Advertised Education Requirements NYU Langone Health NY-Presbyterian Hospital Some college/ associate 2% Bachelor's 37% Allied Universal Security Systems Northwell JP Morgan Chase Company NYC Department of Education TD Bank Columbia University CUNY Memorial Sloan Kettering Cancer Source NYCLMIS analysis of Labor Insights Burning Glass Technologies. 8

New York City Quarterly Brief These are the occupations advertised the most online in New York City this quarter. Organized by Typical Education Requirements % Total Ad. Volume for City NYC Annual Median Wage BACHELOR S DEGREE App Developers Registered Nurses Marketing Mgrs. General & Operations Mgrs. Sales Mgrs. 5.3% 4.3% 2.3% 1.9% 1.8% $111.8K $89.8K $181.6K $127.5K $184.2K ASSOCIATE DEGREE Web Developers Paralegals & Legal Assts. Preschool Teachers Engineering Techs Medical & Clinical Lab. Techs 1.3% 0.6% 0.1% $75.6K $54.1K $35.2K $59.9K $46.2K SOME COLLEGE OR POSTSEC CERT. Tech Support Specialists Bkpg & Accounting Clerks Heavy Truck Drivers Health Information Techs Medical Assts. 0.9% 0.8% 0.6% 0.4% $55.2K $44.0K $47.0K $44.4K $36.4K HIGH SCHOOL DIPLOMA OR EQUIV. Sales Reps, Wholesale & Mfg. Secys & Admin. Assts. Customer Service Reps. Retail Sales Supervisors Exec. Secys & Admin. Assts. 3. 1.7% 1.4% 0.9% 0.8% $60.2K $40.4K $37.7K $44.6K $71.4K NO FORMAL EDUCATION Retail Salespersons Restaurant Cooks Waiters & Waitresses Food Preparers & Servers Janitors & Cleaners 1.3% 0.4% 0.4% 0.4% $23.9K $27.1K $25.3K $22.7K $30.8K 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 9

New York City Quarterly Brief New York City Workforce Demographics 23% 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 23% 56% 30% 2 20% 1 10% 11% 16% 22% 28% Age 55 or older 0% Less than high school High school or equiv. Some college or associate Bachelor's or greater 21% Resident Worker Income Distribution 00.010.020.030.040.050.060.070.080.090.10.110.120.130.140.150.160.170.180.190.20.210.220.230.240.250.260.270.280.290.30.310.320.330.340.350.360.370.380.390.40.410.420.430.440.450.460.470.480.490.50.510.520.530.540.550.560.570.580.590.60.610.620.630.640.650.660.670.680.690.7 1.1M 51% Higher income (more than $3,333/m) Commuting Patterns Work here Live outside 485.6K Live here Work outside 18% 32% Middle income ($1,251 - $3,333/m) Lower income ($1,250/m or less) 2.8M Live & work Here Source OnTheMap, U.S. Census Bureau, Center for Economic Studies. Focus on primary jobs. 10

Bronx Quarterly Brief Labor Market Highlights 6.1% 7.1% 3. Unemployment Of NYC Jobs Are in This Borough Q4 2017 (Oct Dec) Of NYC Online Job Ads Are in This Borough (Apr Jun) THE BRONX New York City Labor Market Information Service 11

net labor force loss of net labor force gains of net job gains of net job gains of Bronx Quarterly Brief Bronx Unemployment 6.1% -0.7 +1.7 Borough Unemployment Rate (UR) Percentage Point Decline in the UR Jul 2017 - Percentage Points Above the Citywide Average Jul 2017 - Year-over-year (YOY) the Bronx unemployment rate (UR) declined. Since the last quarter, the UR in each borough edged up. Unemployment Rate by Borough Jul 2017- 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 BRONX BROOKLYN MANHATTAN QUEENS STATEN ISLAND 7. 7.0% 6. 6.0% 5. 5.0% 6.3% 5.8% 5.3% 4.8% 4.3% 5.8% 5.3% 4.8% 4.3% 3.3% 5.6% 5.1% 4.6% 4.1% 3.6% 3.1% 6.1% 5.6% 5.1% 4.6% 4.1% 3.6% Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 6.8% 5.6% 6.1% 5.2% 4.2% 4.4% 3.6% 4.4% 3. 5.3% 4.0% 4. 4.6% Change year-over-year (in percentage points) -0.7-0.7-0.6-0.6-0.7 5K 4K 3K 2K 500-500 -2K -3K 15K 10K 5K 0 Year-Over-Year: Jul 2017 net labor force loss of -1.8K net job gains of 2.9K 3-Month Change: Apr 2017 net labor force gains of 8.5K net job gains of 4.7K While the Bronx UR is half of its postrecession peak, it lags behind the other boroughs, city, state, and nation. Borough UR Compared to City, State & US 0% 1% 2% 3% 4% 6% 7% 8% Bronx New York City 4.4% 6.1% New York State US 4.2% 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. 12

Bronx Quarterly Brief Bronx Employment 7.1% 80% +2.0% 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 306K jobs in the Bronx. 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 103K 52K 32K 17K 14K 12K 11K 10K 10K 8K 6K 5K 5K 4K 2K 2K 1K 1K 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 Educational services Retail trade Accommodation & food services Public admin. Construction Wholesale trade Real estate & rental & leasing Other services, except public admin. Temporary help & waste services Manufacturing Professional & technical services Finance & insurance Arts entertainment & recreation Information Transportation & warehousing Unclassified Company headquarters 79.9% 79. 0% 100% The Bronx s 3 largest sectors account for about 3 in every 5 borough-based jobs. Q4 2017 34% 17% 10% Health Care & Social Services Education Retail Total employment grew by 1. over the year, with gains in some areas of the economy 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 2 20% 1 10% 0% 22% Company headquarters 7% 7% Professional & technical Finance & insurance Bottom 3 sectors that contracted the fastest Temporary help & waste services Manufacturing Information 0% -2% -4% -6% -8% -10% -12% -14% -16% -3.3% -4.8% -13.3% 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 13

Bronx Quarterly Brief Bronx Online Job Ads 7.4K 7.1% 30% Job Ads 1 Were Posted Online (Apr Jun) Of Jobs Advertised Online in NYC Are in This Borough Of Online Job Ads Wanted Bachelor s Degrees or Higher 0 Business, health, and interpersonal skills were in greatest demand among online job ads. Share of Online Job Ads 12% 11% 9% 9% 6% 6% Not specified 46% Graduate 8% Advertised Education Requirements Customer Service Scheduling Teaching Sales Budgeting Staff Management Repair Treatment Planning Patient Care Mental Health High school 20% Some college/ associate Bachelor's 22% In this period, monthly ad volume peaked in May. Distribution of Online Ads by month 0% Jun 2018 May 2018 Apr 2018 Large employers in health, education, and social services posted the most online ads seeking candidates who have less than a bachelor s degree. Share of Online Job Ads 0 0.8% 0.4% 0.4% 28% 27% Allied Universal Security Systems Montefiore Medical Center TD Bank Bronxworks Essen Health Care 24- Hour Fitness East Side House Settlement NY-Presbyterian Macy s Albert Einstein College of Medicine 4 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. 14

Bronx Quarterly Brief These are the occupations advertised the most online in the Bronx this quarter. Organized by Typical Education Requirements % Total Ad. Volume for Borough NYC Annual Median Wage BACHELOR S DEGREE Registered Nurses Medical & Health Services Mgrs. Middle School Teachers Human Resources Specialists General & Operations Mgrs. 2.9% 1.4% 1.2% 0.9% 6.1% $85.0K $121.8K $80.3K $69.4K $127.5K ASSOCIATE DEGREE Preschool Teachers Physical Therapist Assts. Occupational Therapy Assts. Medical & Clinical Lab. Techs Radiologic Technologists 0.8% $35.2K $56.8K $60.4K $46.2K $69.5K SOME COLLEGE OR POSTSEC CERT. Heavy Truck Drivers LPNs Bkpg & Accounting Clerks Nursing Assts. Health Information Techs 1.4% 1.3% 0.9% 0.6% 0. $47.0K $48.3K $44.0K $36.1K $44.4K HIGH SCHOOL DIPLOMA OR EQUIV. Sales Reps, Wholesale & Mfg. Customer Service Reps. Secys & Admin. Assts. Childcare Workers Security Guards 2.8% 2. 2.2% 1.6% 1.6% $60.2K $37.7K $40.4K $26.5K $31.4K NO FORMAL EDUCATION Retail Salespersons Janitors & Cleaners Laborers & Material Movers Food Preparers & Servers Restaurant Cooks 2.1% 0.7% 0.6% 0.6% 0. $23.9K $30.8K $28.7K $22.7K $27.1K 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 15

Bronx Quarterly Brief Bronx Workforce Demographics 24% 20% 21% 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 24% 2 20% 1 18% 23% 20% 1 Age 30-54 10% Age 55 or older 56% 0% Less than high school High school or equiv. Some college or associate Bachelor's or greater 20% 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 39% Higher income (more than $3,333/m) 41% Middle income ($1,251 - $3,333/m) 21% Lower income ($1,250/m or less) Commuting Patterns 165.4K Work here Live outside 120.7K Live & work Here 367.4K Live here Work outside Source OnTheMap, U.S. Census Bureau, Center for Economic Studies. Focus on primary jobs. 16

Brooklyn Quarterly Brief Labor Market Highlights 4. 16.9% 7.8% Unemployment Of NYC Jobs Are In This Borough Q4 2017 (Oct Dec) Of NYC Online Job Ads Are in This Borough (Apr Jun) BROOKLYN New York City Labor Market Information Service 17

net labor force loss of net labor force gains of net job gains of net job gains of Brooklyn Quarterly Brief Brooklyn Unemployment 4. -0.7 +0.1 Borough Unemployment Rate (UR) Percentage Point Decline in the UR Jul 2017 - Percentage Point Above the Citywide Average Jul 2017 - Year-over-year (YOY) the Brooklyn unemployment rate (UR) declined. Since the last quarter, the UR in each borough edged up. Unemployment Rate by Borough Jul 2017- 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 BROOKLYN BRONX MANHATTAN QUEENS 6.0% 5. 5.0% 4. 4.0% 3. 7. 7.0% 6. 6.0% 5. 5.0% 5.8% 5.3% 4.8% 4.3% 3.3% 5.6% 5.1% 4.6% 4.1% 3.6% 3.1% Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 5.2% 4.2% 4. 6.8% 5.6% 6.1% 4.4% 3.6% 4.4% 3. Change year-over-year (in percentage points) -0.7-0.7-0.6-0.6-500 20K 15K 10K -3K 5K 8K 6K 4K 2K 0 Year-Over-Year: Jul 2017 net labor force loss of -2.0K 3-Month Change: Apr 2017 net labor force gains of 13.2K net job gains of 6.3K net job gains of 8.0K The Brooklyn UR is in line with the city, but lags behind the state and US. Borough UR Compared to NYC, New York State & US STATEN ISLAND 6.1% 5.6% 5.1% 4.6% 4.1% 3.6% 5.3% 4.0% 4.6% -0.7 0% 1% 2% 3% 4% 6% Brooklyn New York City New York State 4. 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. 18

Brooklyn Quarterly Brief Brooklyn Employment 16.9% 87% +5.0% 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 732K jobs in Brooklyn. Distribution of Jobs by Sector Q4 2017-3,000 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 210K 83K 78K 47K 31K 30K 30K 26K 25K 22K 20K 18K 16K 11K 11K 8K 4K 3K 2K 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 Educational services Retail trade Accommodation & food services Construction Temporary help & waste services Other services, except public admin. Transportation & warehousing Wholesale trade Professional & technical services Manufacturing Real estate & rental & leasing Finance & insurance Unclassified Information Arts entertainment & recreation Utilities Company headquarters Public admin. 86. 85.8% The Bronx s 3 largest sectors account for more than 1 in in every 2 borough-based jobs. Q4 2017 29% 11% 11% Health Care & Social Services Education Retail Total employment grew by 4.2% over the year, with gains in some areas of the economy somewhat 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 11% 10% 10% 9% 9% 8% 8% 10% Health care & social assistance 9% 9% Accommodation & food services Bottom 3 sectors that contracted the fastest 0% -2% -4% -6% -8% -10% -12% -14% -16% -18% -20% Manufacturing Transportation & warehousing -1% -1% Arts, entertain. & recreation Company headquarters -18% 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 19

Brooklyn Quarterly Brief Brooklyn Online Job Ads 16.2K 5.4% 28% Job Ads 1 Were Posted Online (Apr Jun) Business, health, and interpersonal skills were in greatest demand among online job ads. Share of Online Job Ads 0 Not specified 51% Graduate 6% 12% 11% 9% 9% 6% 6% 6% 4% Advertised Education Requirements Customer Service Scheduling Teaching Sales Budgeting Project Management Staff Management High school 17% Some college/ Of Jobs Advertised Online in NYC Are in This Borough associate 4% Of Online Job Ads Wanted Bachelor s Degrees or Higher In this period, monthly ad volume peaked in May. Distribution of Online Ads by month Jun 2018 May 2018 Apr 2018 Bachelor's 0% 22% Administrative Support Quality Assurance and Control Repair Large employers in health, education, security, and social services posted the most online ads seeking candidates who have less than a bachelor s degree. Share of Online Job Ads 0 1.4% 0. 0.4% 28% 2 NYU Langone Health NYC Department of Education Allied Universal Security Services SCO Family Of Services JP Morgan Chase Company Good Shepherd Services 24-Hour Fitness Catholic Charities Macy's Camba 47% 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. 20

Brooklyn Quarterly Brief These are the occupations advertised the most online in Brooklyn this quarter. Organized by Typical Education Requirements % Total Ad. Volume for Borough NYC Annual Median Wage BACHELOR S DEGREE Registered Nurses App Developers Medical & Health Services Mgrs. General & Operations Mgrs. Middle School Teachers 3.9% 2.3% 1.7% 1.4% 1.2% $85.0K $111.8K $121.8K $127.5K $80.3K ASSOCIATE DEGREE Preschool Teachers Web Developers Paralegals & Legal Assts. Medical & Clinical Lab. Techs Occupational Therapy Assts. 0.7% 0.6% 0.4% 0.1% $35.2K $75.6K $54.1K $46.2K $60.4K SOME COLLEGE OR POSTSEC CERT. Bkpg & Accounting Clerks Heavy Truck Drivers Health Information Techs LPNs Medical Assts. 1.0% 0.9% 0.6% 0.6% 0. $44.0K $47.0K $44.4K $48.3K $36.4K HIGH SCHOOL DIPLOMA OR EQUIV. Sales Reps, Wholesale & Mfg. Customer Service Reps. Secys & Admin. Assts. Childcare Workers Retail Sales Supervisors 2.4% 2.0% 1.9% 1.8% 1.4% $60.2K $37.7K $40.4K $26.5K $44.6K NO FORMAL EDUCATION Retail Salespersons Restaurant Cooks Food Preparers & Servers Janitors & Cleaners Waiters & Waitresses 2.2% 1.1% 0.6% 0.6% 0. $23.9K $27.1K $22.7K $30.8K $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 21

Brooklyn Quarterly Brief Brooklyn Workforce Demographics 24 % 26% 20% 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 24% 30% 2 20% 1 11% 17% 22% 26% 56% 10% 0% Age 55 or older Less than high school High school or equiv. Some college or associate Bachelor's or greater 20% Resident Worker Income Distribution 47% 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 Higher income (more than $3,333/m) 34% Middle income ($1,251 - $3,333/m) 20% Lower income ($1,250/m or less) Commuting Patterns Work here Live outside 340.5K Live & work Here 656.6K Live here Work outside Source OnTheMap, U.S. Census Bureau, Center for Economic Studies. Focus on primary jobs. 22

Manhattan Quarterly Brief Labor Market Highlights 57.8% 82.2% Unemployment Of NYC Jobs Are In This Borough Q4 2017 (Oct Dec) Of NYC Online Job AdsAre in This Borough (Apr Jun) MANHATTAN New York City Labor Market Information Service 23

net labor force loss of net labor force gains of net job gains of net job gains of Manhattan Quarterly Brief Manhattan Unemployment -0.6-0.6 Borough Unemployment Rate (UR) Percentage Point Decline in the UR Jul 2017 - Percentage Points Below the Citywide Average Jul 2017 - Year-over-year (YOY) the Manhattan unemployment rate (UR) declined. Since the last quarter, the UR in each borough edged up. Unemployment Rate by Borough Jul 2017- 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 MANHATTAN 5.3% 4.8% 4.3% 3.3% 2.8% Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 4.4% 3.6% Change year-over-year (in percentage points) -0.6 7K 6K 5K 4K 3K 2K 500-500 Year-Over-Year: Jul 2017 net labor force loss of -300 net job gains of 4.9K BRONX BROOKLYN QUEENS 7. 7.0% 6. 6.0% 5. 5.0% 6.3% 5.8% 5.3% 4.8% 4.3% 5.6% 5.1% 4.6% 4.1% 3.6% 3.1% 6.8% 5.2% 4.4% 5.6% 6.1% 4.2% 3. 4. -0.7-0.7-0.6 12K 10K 8K 6K 4K 2K 0 3-Month Change: Apr 2017 net labor force gains of 7.9K net job gains of 5.9K The Manhattan UR outperforms the city, state, nation, and most boroughs. Borough UR Compared to City, State & US STATEN ISLAND 6.1% 5.6% 5.1% 4.6% 4.1% 3.6% 5.3% 4.0% 4.6% -0.7 0% 1% 2% 3% 4% 6% Manhattan New York City New York State 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. 24

Manhattan Quarterly Brief Manhattan Employment 57.8% 89% +2.0% 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 2.5M jobs in Manhattan. Distribution of Jobs by Sector Q4 2017 848 1.7K 2.5K 3.4K 04.2K 5.1K 5.9K 6.8K 7.6K 8.5K 10.2K 9.3K 11.0K 11.9K 12.7K 13.6K 14.4K 15.3K 16.1K 17.0K 17.8K 18.7K 19.5K 20.4K 21.2K 22.0K 22.9K 23.7K 24.6K 25.4K 26.3K 27.1K 28.0K 28.8K 29.7K 30.5K 31.4K 32.2K 33.1K 33.9K 34.8K 35.6K 36.5K 37.3K 38.2K 39.0K 39.9K 40.7K 41.6K 42.4K 43.2K 44.1K 44.9K 45.8K 46.6K 47.5K 48.3K 49.2K 50.0K 50.9K 51.7K 52.6K 53.4K 54.3K 55.1K 56.0K 56.8K 57.7K 58.5K 59.4K 60.2K 61.1K 61.9K 62.8K 63.6K 64.4K 65.3K 66.1K 67.0K 67.8K 68.7K 69.5K 70.4K 71.2K 72.1K 72.9K 73.8K 74.6K 75.5K 76.3K 77.2K 78.0K 78.9K 79.7K 80.6K 81.4K 82.3K 83.1K 84.0K 84.8K 85.6K 86.5K 87.3K 88.2K 89.0K 89.9K 90.7K 91.6K 92.4K 93.3K 94.1K 95.0K 95.8K 96.7K 97.5K 98.4K 100.1K 99.2K 100.9K 101.8K 102.6K 103.5K 104.3K 105.2K 106.0K 106.8K 107.7K 108.5K 109.4K 110.2K 111.1K 111.9K 112.8K 113.6K 114.5K 115.3K 116.2K 117.0K 117.9K 118.7K 119.6K 120.4K 121.3K 122.1K 123.0K 123.8K 124.7K 125.5K 126.4K 127.2K 128.0K 128.9K 129.7K 130.6K 131.4K 132.3K 133.1K 134.0K 134.8K 135.7K 136.5K 137.4K 138.2K 139.1K 139.9K 140.8K 141.6K 142.5K 143.3K 144.2K 145.0K 145.9K 146.7K 147.6K 148.4K 149.2K 150.1K 150.9K 151.8K 152.6K 153.5K 154.3K 155.2K 156.0K 156.9K 157.7K 158.6K 159.4K 160.3K 161.1K 162.0K 162.8K 163.7K 164.5K 165.4K 166.2K 167.1K 167.9K 168.8K 169.6K 170.4K 171.3K 172.1K 173.0K 173.8K 174.7K 175.5K 176.4K 177.2K 178.1K 178.9K 179.8K 180.6K 181.5K 182.3K 183.2K 184.0K 184.9K 185.7K 186.6K 187.4K 188.3K 189.1K 190.0K 190.8K 191.6K 192.5K 193.3K 194.2K 195.0K 195.9K 196.7K 197.6K 198.4K 199.3K 200.1K 201.0K 201.8K 202.7K 203.5K 204.4K 205.2K 206.1K 206.9K 207.8K 208.6K 209.5K 210.3K 211.2K 212.0K 212.8K 213.7K 214.5K 215.4K 216.2K 217.1K 217.9K 218.8K 219.6K 220.5K 221.3K 222.2K 223.0K 223.9K 224.7K 225.6K 226.4K 227.3K 228.1K 229.0K 229.8K 230.7K 231.5K 232.4K 233.2K 234.0K 234.9K 235.7K 236.6K 237.4K 238.3K 239.1K 240.0K 240.8K 241.7K 242.5K 243.4K 244.2K 245.1K 245.9K 246.8K 247.6K 248.5K 249.3K 250.2K 251.0K 251.9K 252.7K 253.6K 254.4K 255.2K 256.1K 256.9K 257.8K 258.6K 259.5K 260.3K 261.2K 262.0K 262.9K 263.7K 264.6K 265.4K 266.3K 267.1K 268.0K 268.8K 269.7K 270.5K 271.4K 272.2K 273.1K 273.9K 274.8K 275.6K 276.4K 277.3K 278.1K 279.0K 279.8K 280.7K 281.5K 282.4K 283.2K 284.1K 284.9K 285.8K 286.6K 287.5K 288.3K 289.2K 290.0K 290.9K 291.7K 292.6K 293.4K 294.3K 295.1K 296.0K 296.8K 297.6K 298.5K 299.3K 300.2K 301.0K 301.9K 302.7K 303.6K 304.4K 305.3K 306.1K 307.0K 307.8K 308.7K 309.5K 310.4K 311.2K 312.1K 312.9K 313.8K 314.6K 315.5K 316.3K 317.2K 318.0K 318.8K 319.7K 320.5K 321.4K 322.2K 323.1K 323.9K 324.8K 325.6K 326.5K 327.3K 328.2K 329.0K 329.9K 330.7K 331.6K 332.4K 333.3K 334.1K 335.0K 335.8K 336.7K 337.5K 338.4K 339.2K 340.0K 340.9K 341.7K 342.6K 343.4K 344.3K 345.1K 346.0K 346.8K 347.7K 348.5K 349.4K 350.2K 351.1K 351.9K 352.8K 353.6K 354.5K 355.3K 356.2K 357.0K 357.9K 358.7K 359.6K 360.4K 361.2K 362.1K 362.9K 363.8K 364.6K 365.5K 366.3K 367.2K 368.0K 368.9K 369.7K 370.6K 371.4K 372.3K 373.1K 374.0K 374.8K 375.7K 376.5K 377.4K 378.2K 379.1K 379.9K 380.8K 381.6K 382.4K 383.3K 384.1K 385.0K 385.8K 386.7K 387.5K 388.4K 389.2K 390.1K 390.9K 391.8K 392.6K 393.5K 394.3K 395.2K 396.0K 396.9K 397.7K 398.6K 399.4K 400.3K 401.1K 402.0K 402.8K 403.6K 404.5K 405.3K 406.2K 407.0K 407.9K 408.7K 409.6K 410.4K 411.3K 412.1K 413.0K 413.8K 414.7K 415.5K 416.4K 417.2K 418.1K 418.9K 419.8K 420.6K 421.5K 422.3K 423.2K 424.0K 355K 292K 250K 240K 169K 167K 165K 162K 105K 103K 86K 75K 69K 63K 42K 26K 8K 7K Professional & technical services Finance & insurance Health care & social assistance Accommodation & food services Information Temporary help & waste services Educational services Retail trade Other services, except public admin. Public admin. Real estate & rental & leasing Wholesale trade Arts entertainment & recreation Company headquarters Construction Manufacturing Unclassified Transportation & warehousing The borough s share of private jobs grew. Share of Private Jobs in the Borough Q4 2016 Q4 2017 Q4 2017 Q4 2016 89.3% 89.1% Manhattan s 3 largest sectors account for about 1 in every 3 borough-based jobs. Q4 2017 14% 12% 10% Professional & Technical Finance & Insurance Health Care & Social Services Total employment grew 1.8% 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 13% 11% 9% 7% 3% 1% -1% 10% 6% 4% Temporary help & waste services Company headquarters Bottom 3 sectors that contracted the fastest 0% -1% -2% -3% -4% - -6% Retail trade -1% Manufacturing -3% Construction Transportation & warehousing - 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 25

Manhattan Quarterly Brief Manhattan Online Job Ads 171K 82.2% 4 Job Ads 1 Were Posted Online (Apr Jun) Of Jobs Advertised Online in NYC Are in This Borough Of Online Job Ads Wanted Bachelor s Degrees or Higher Business, health, and interpersonal skills were in greatest demand among online job ads. Share of Online Job Ads 0 11% 11% 11% 10% 10% 6% Not specified 46% Graduate High school 7% Advertised Education Requirements Project Management Budgeting Customer Service Sales Scheduling SQL Customer Contact Java Social Media Business Development Some college/ associate 2% Bachelor's 40% In this period, monthly ad volume peaked in May. Distribution of Online Ads by month 0% Jun 2018 May 2018 Apr 2018 Large employers in health, education, security, and hospitality posted the most online ads seeking candidates who have less than a bachelor s degree. Share of Online Job Ads 0 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.0% NYU Langone Health 28% NY Presbyterian Hospital Mount Sinai Columbia University 28% Allied Universal Security Systems Memorial Sloan Kettering Marriott International Northwell Health Gap, Inc. Pace University 43% 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. 26

Manhattan Quarterly Brief These are the occupations advertised the most online in Manhattan this quarter. Organized by Typical Education Requirements % Total Ad. Volume for Borough NYC Annual Median Wage BACHELOR S DEGREE App Developers Marketing Mgrs. General & Operations Mgrs. Sales Mgrs. Registered Nurses 2.7% 2.1% 2.0% 1.9% 6.1% $111.8K $181.6K $127.5K $184.2K $85.0K ASSOCIATE DEGREE Web Developers Paralegals & Legal Assts. Engineering Techs Preschool Teachers Medical & Clinical Lab. Techs 1. 0.7% 0.1% 0.1% $75.6K $54.1K $59.9K $35.2K $46.2K SOME COLLEGE OR POSTSEC CERT. Tech Support Specialists Bkpg & Accounting Clerks Heavy Truck Drivers Health Information Techs Medical Assts. 1.0% 0.8% 0. 0.4% $55.2K $44.0K $47.0K $44.4K $36.4K HIGH SCHOOL DIPLOMA OR EQUIV. Sales Reps, Wholesale & Mfg. Secys & Admin. Assts. Customer Service Reps. Exec. Secys & Admin. Assts. Retail Sales Supervisors 3.7% 1.6% 1.2% 0.9% 0.8% $60.2K $40.4K $37.7K $71.4K $44.6K NO FORMAL EDUCATION Retail Salespersons Waiters & Waitresses Restaurant Cooks Food Preparers & Servers Maids & Housekeeping Cleaners 1.1% 0.4% $23.9K $25.3K $27.1K $22.7K $29.0K 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 27

Manhattan Quarterly Brief Manhattan Workforce Demographics 2 20% 14% 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 2 3 33% Age 30-54 5 30% 2 20% 1 10% 9% 14% 20% 0% Age 55 or older Less than high school High school or equiv. Some college or associate Bachelor's or greater 19% Resident Worker Income Distribution 00.010.020.030.040.050.060.070.080.090.10.110.120.130.140.150.160.170.180.190.20.210.220.230.240.250.260.270.280.290.30.310.320.330.340.350.360.370.380.390.40.410.420.430.440.450.460.470.480.490.50.510.520.530.540.550.560.570.580.590.60.610.620.630.640.650.660.670.680.690.70.710.720.730.740.750.760.770.780.790.8 1.7M Higher income (more than $3,333/m) 6 Commuting Patterns Work here Live outside 197K Live here Work outside 14% 21% Middle income ($1,251 - $3,333/m) Lower income ($1,250/m or less) 518K Live & work Here Source OnTheMap, U.S. Census Bureau, Center for Economic Studies. Focus on primary jobs. 28

Queens Quarterly Brief Labor Market Highlights 15. 5.4% Unemployment Of NYC Jobs Are In This Borough Q4 2017 (Oct Dec) Of NYC Online Job Ads Are in This Borough (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 Queens Unemployment -0.6-0.6 Borough Unemployment Rate (UR) Percentage Point Decline in the UR Jul 2017 - Percentage Points Below the Citywide Average Jul 2017 - 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- 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. 4.0% 3. 3.0% 2. Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 4.4% 3. Change year-over-year (in percentage points) -0.6 9K 7K 5K 3K 1000-1K -3K Year-Over-Year: Jul 2017 net labor force loss of -1.1K net job gains of 6.0K BRONX 7. 7.0% 6. 6.0% 5. 5.0% 6.8% 5.6% 6.1% -0.7 15K 10K 3-Month Change: Apr 2017 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% 5.2% 4.2% 4. -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% 3.3% 6.1% 5.6% 5.1% 4.6% 4.1% 3.6% 4.4% 5.3% 3.6% 4.0% 4.6% -0.2-0.3 Borough UR Compared to City, State & US 0% 1% 2% 3% 4% 6% Queens New York City New York State 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 Queens Employment 15. 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% - -6% Information Manufacturing Transportation warehousing Finance & insurance -3% -3% - 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 Queens Online Job Ads 11.2K 5.4% 27% Job Ads 1 Were Posted Online (Apr Jun) Of Jobs Advertised Online in NYC Are in This Borough 8 Of Online Job Ads Wanted Bachelor s Degrees or Higher 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 0 1 12% 12% 7% 6% 6% 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 by month Jun 2018 May 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 0 0.6% 0.6% 0.4% 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 These are the occupations advertised the most online in Queens this quarter. Organized by Typical Education Requirements % 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 0.6% 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. 0. 0. $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. 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% 0.6% 0.6% 0.6% $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 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% 2 20% 1 10% 12% 17% 22% 28% Age 55 or older 56% 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

Staten Island Quarterly Brief Labor Market Highlights 4.6% 2.7% 1.1% Unemployment Of NYC Jobs are in This Borough Q4 2017 (Oct Dec) Of NYC Online Job Ads Are in This Borough (Apr Jun) STATEN ISLAND New York City Labor Market Information Service 35

net labor force loss of net labor force gains of net job gains of net job gains of Staten Island Quarterly Brief Staten Island Unemployment 4.6% -0.7 +0.2 Borough Unemployment Rate (UR) Percentage Point Decline in the UR Jul 2017 - Percentage Points Above the Citywide Average Jul 2017 - Year-over-year (YOY) the Staten Island unemployment rate (UR) declined. Since the last quarter, the UR in each borough edged up. Unemployment Rate by Borough Jul 2017- 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 STATEN ISLAND 5. 5.0% 4. 4.0% 3. Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 5.3% 4.0% 4.6% Change year-over-year (in percentage points) -0.7 1000 800 600 400 200 0-200 -400-600 -800-1K Year-Over-Year: Jul 2017 net labor force loss of -800 net job gains of 900 QUEENS MANHATTAN BROOKLYN BRONX 7. 7.0% 6. 6.0% 5. 5.0% 6.3% 5.8% 5.3% 4.8% 4.3% 5.8% 5.3% 4.8% 4.3% 3.3% 5.6% 5.1% 4.6% 4.1% 3.6% 3.1% 6.8% 5.2% 4.4% 4.4% 5.6% 6.1% 4.2% 3.6% 3. 4. -0.7-0.7-0.6-0.6 5K 4K 3K 2K 1000 0 3-Month Change: Apr 2017 net labor force gains of 3.5K net job gains of 2.1K The Staten Island UR is in line with the city, but lags behind the state and US. Borough UR Compared to NYC, New York State & US 0% 1% 2% 3% 4% 6% Staten Island New York City 4.6% 4.4% New York State 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. 36

Staten Island Quarterly Brief Staten Island Employment 2.7% 84% +0. 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 118K jobs in Staten Island. Distribution of Jobs by Sector Q4 2017-4,100 5.9K 15.9K 25.9K 35.9K 33K 17K 10K 8K 6K 5K 5K 4K 4K 4K 2K 2K 2K 1K 1K 947 548 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 Retail trade Construction Accommodation & food services Transportation & warehousing Public admin. Other services, except public admin. Temporary help & waste services Educational services Professional & technical services Finance & insurance Wholesale trade Arts entertainment & recreation Information Real estate & rental & leasing Unclassified Company headquarters 83.9% 83.7% 0% 100% Staten Island s 3 largest sectors account for about 1 in every 2 borough-based jobs. Q4 2017 28% 14% 9% Health Care & Social Services Retail Trade Construction Total employment grew 0.4% over the year, with gains in some areas of the economy 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 9% 8% 7% 6% 4% 3% 2% 1% 0% 8% Arts, entertainment & recreation Construction Bottom 3 sectors that contracted the fastest 0% -2% -4% -6% -8% -10% -12% Finance & insurance -3% Temporary help & waste services Professional scientific & technical Transportation & warehousing -8% -10% Source NYCLMIS analysis of Quarterly Census of Employment & Wages Data Files, Private and Public Sector Employment, US Department of Labor Bureau of Labor Statistics. 37

Staten Island Quarterly Brief 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. 38 Staten Island Online Job Ads 2.3K 1.1% 19% Job Ads 1 Were Posted Online (Apr Jun) Not specified 52% Graduate Office, management, and interpersonal skills were in greatest demand among online job ads. Share of Online Job Ads Advertised Education Requirements High school 24% Of Jobs Advertised Online in NYC Are in This Borough Some college/ associate 6% Of Online Job Ads Wanted Bachelor s Degrees or Higher In this period, monthly ad volume peaked in May. Distribution of Online Ads by month Apr 2018 Bachelor's 0% 14% 0 0.01 0.02 0.03 0.04 0.05 0.06 0.07 0.08 0.09 0.1 0.11 0.12 0.13 0.14 0.15 0.16 0.17 0.18 0.19 16% 14% 12% 8% 7% 6% 4% Customer Service Sales Scheduling Retail Industry Knowledge Patient Care Repair Customer Contact Treatment Planning Teaching Product Sales Jun 2018 May 2018 Large employers in health, retail, education, and finance posted the most online ads seeking candidates who have less than a bachelor s degree. Share of Online Job Ads 3.1% 1.1% 0. 0. 0.4% 0.4% Northwell Health 2 Lowe's Companies, Inc CUNY The Jewish Board Macy s Sears Centers Health Care 29% 0 0.01 0.02 0.03 JP Morgan Chase Company Onestaff Medical TD Bank 46%

Staten Island Quarterly Brief These are the occupations advertised the most online in Staten Island this quarter. Organized by Typical Education Requirements % Total Ad. Volume for Borough NYC Annual Median Wage BACHELOR S DEGREE Registered Nurses Medical & Health Services Mgrs. General & Operations Mgrs. Human Resources Specialists Financial Instruments Sales Agents 2.0% 1.1% 0.9% 0.7% 8.2% $85.0K $121.8K $127.5K $69.4K $145.8K ASSOCIATE DEGREE Occupational Therapy Assts. Paralegals & Legal Assts. Physical Therapist Assts. Medical & Clinical Lab. Techs Human Resources Assts. 0.4% $60.4K $54.1K $56.8K $46.2K $43.9K SOME COLLEGE OR POSTSEC CERT. Heavy Truck Drivers Health Information Techs LPNs Medical Assts. Nursing Assts. 2.0% 1.1% 1.1% 0.8% 0.7% $47.0K $44.4K $48.3K $36.4K $36.1K HIGH SCHOOL DIPLOMA OR EQUIV. Sales Reps, Wholesale & Mfg. Customer Service Reps. Retail Sales Supervisors Merchandise Displayers Secys & Admin. Assts. 3.3% 2.4% 2.4% 1.4% 1.3% $60.2K $37.7K $44.6K $29.6K $40.4K NO FORMAL EDUCATION Retail Salespersons Restaurant Cooks Food Preparers & Servers Waiters & Waitresses Laborers & Material Movers 1.0% 0.9% 0.8% 0.6% 4.7% $23.9K $27.1K $22.7K $25.3K $28.7K 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. 39

Staten Island Quarterly Brief Staten Island Workforce Demographics 21% 32% 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% 3 30% 2 20% 1 10% 8% 16% 23% 32% 56% 0% Less than high school High school or equiv. Some college or associate Bachelor's or greater Age 55 or older Resident Worker Income Distribution 24% 00.010.020.030.040.050.060.070.080.090.10.110.120.130.140.150.160.170.180.190.20.210.220.230.240.250.260.270.280.290.30.310.320.330.340.350.360.370.380.390.40.410.420.430.440.450.460.470.480.490.50.510.520.530.540.550.560.570.580.590.60.610.620.630.640.650.660.670.680.690.7 Higher income (more than $3,333/m) 27% Middle income ($1,251 - $3,333/m) 18% Lower income ($1,250/m or less) 5 Commuting Patterns 45.3K Work here Live outside 45.8K Live & work Here 138.5K Live here Work outside Source OnTheMap, U.S. Census Bureau, Center for Economic Studies. Focus on primary jobs. 40

Glossary Quarterly Brief 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 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