Q2 2018

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

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

Brooklyn

New York City | Quarterly Brief | Q2 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 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 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.

Brooklyn | Quarterly Brief | Q2 2018

New York City Labor Market Information Service | 17

Labor Market Highlights

4.5% 16.9% 7.8% 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)

BROOKLYN

Brooklyn | Quarterly Brief | Q2 2018

18 |

Brooklyn Unemployment 4.5% -0.7 +0.1

Borough Unemployment Rate (UR)

Jul 2018

Percentage Point Decline in the UR

Jul 2017 - Jul 2018

Percentage Point Above the Citywide Average

Jul 2017 - Jul 2018

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- Jul 2018

BROO

KLYN

Change year-over-year (in percentage

points)

-0.7

BRON

X

-0.7

MAN

HATT

AN

-0.6

QUEE

NS

-0.6

STAT

EN

ISLA

ND

-0.7

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 Year-Over-Year: Jul 2017 – Jul 2018

3-Month Change: Apr 2017 – Jul 2018

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 Jul 2018

5.2%

4.2%4.5%

3.5%

4.0%

4.5%

5.0%

5.5%

6.0%

Jul-17 Oct-17 Jan-18 Apr-18 Jul-18

6.8%5.6%

6.1%5.0%

5.5%

6.0%

6.5%

7.0%

7.5%

4.4% 3.6%3.8%3.3%

3.8%

4.3%

4.8%

5.3%

5.8%

4.4%3.5%

3.8%3.1%

3.6%

4.1%

4.6%

5.1%

5.6%

5.3% 4.0%4.6%

3.6%

4.1%

4.6%

5.1%

5.6%

6.1%

net labor force loss of -2.0K

net job gains of 6.3K

-3K

-500

2K

4K

6K

8K

net labor force loss of net job gains of

net labor force gains of 13.2Knet job gains of 8.0K

0

5K

10K

15K

20K

net labor force gains of net job gains of

BrooklynNew York City

New York State

US

4.5%4.4%

4.2%

4.1%

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

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.

Brooklyn | Quarterly Brief | Q2 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 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

The Bronx’s 3 largest sectors account for more than 1 in in every 2 borough-based jobs. Q4 2017

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

Bottom 3 sectors that contracted the fastest

The borough’s share of private jobs grew. Share of Private Jobs in the Borough Q4 2016 – Q4 2017

210K83K78K47K31K30K30K26K25K22K20K18K16K11K11K

8K4K3K2K

Health care & social assistanceEducational servicesRetail tradeAccommodation & food servicesConstructionTemporary help & waste servicesOther services, except public admin.Transportation & warehousingWholesale tradeProfessional & technical servicesManufacturingReal estate & rental & leasingFinance & insuranceUnclassifiedInformationArts entertainment & recreationUtilitiesCompany headquartersPublic admin.

-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

29% 11% 11%

10% 9% 9%8%

8%

9%

9%

10%

10%

11%

Health care &social assistance

Accommodation &food services

Arts, entertain. &recreation

-1% -1%-18%

-20%

-18%

-16%

-14%

-12%

-10%

-8%

-6%

-4%

-2%

0%

ManufacturingTransportation &

warehousingCompany

headquarters

Q4 2016Q4 2017

85.8%86.5%

Brooklyn | Quarterly Brief | Q2 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 16.2K 5.4% 28%

Job Ads1 Were Posted Online Q2 2018 (Apr –Jun)

Of Jobs Advertised Online in NYC Are in This Borough

Q2 2018

Of Online Job Ads Wanted Bachelor’s Degrees or Higher

Q2 2018

In this period, monthly ad volume peaked in May. Distribution of Online Ads Q2 2018 by month

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

Q2 2018

Business, health, and interpersonal skills were in greatest demand among online job ads. Share of Online Job Ads Q2 2018

High school

17%Some college/

associate

4%

Bachelor's

22%Graduate

6%

Not specified

51%

Advertised Education

RequirementsQ2 2018 Apr 2018

May 2018

Jun 2018

25%47%

28%

0%

1.4%0.5%0.4%0.3%0.3%0.2%0.2%0.2%0.2%0.2%

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

0

12%11%

9%9%6%6%6%5%5%4%

Customer Service

Scheduling

Teaching

Sales

Budgeting

Project Management

Staff Management

Administrative Support

Quality Assurance and Control

Repair

0

Brooklyn | Quarterly Brief | Q2 2018

New York City Labor Market Information Service | 21

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.

These are the occupations advertised the most online in Brooklyn this quarter. Organized by Typical Education Requirements Q2 2018

% Total Ad. Volume for Borough NYC Annual Median Wage

BACH

ELO

R’S

DEG

REE

ASSO

CIAT

E D

EGRE

E

SOM

E CO

LLEG

E O

R PO

STSE

C CE

RT.

HIG

H S

CHO

OL

DIP

LOM

A O

R EQ

UIV

.

NO

FO

RMAL

ED

UCA

TIO

N

Registered NursesApp 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

Preschool TeachersWeb Developers

Paralegals & Legal Assts.Medical & Clinical Lab. Techs

Occupational Therapy Assts.

0.7%0.6%0.4%0.3%0.1%

$35.2K$75.6K

$54.1K$46.2K

$60.4K

Bkpg & Accounting ClerksHeavy Truck Drivers

Health Information TechsLPNs

Medical Assts.

1.0%0.9%

0.6%0.6%0.5%

$44.0K$47.0K$44.4K$48.3K

$36.4K

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

Retail SalespersonsRestaurant Cooks

Food Preparers & ServersJanitors & Cleaners

Waiters & Waitresses

2.2%1.1%

0.6%0.6%0.5%

$23.9K$27.1K$22.7K$30.8K

$25.3K

Brooklyn | Quarterly Brief | Q2 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 Earn Up to $1,250/Month

Calendar Year 2015

Resident Worker Age Distribution Calendar Year 2015

Under 30

24%

Age 30-54

56%

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

Glossary | Quarterly Brief | Q2 2018

New York City Labor Market Information Service | 41

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.

Staten Island | Quarterly Brief | Q2 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