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Job growth in New York and New Jersey: mid-2007 review and outlook

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Author Info
Jason Bram
James Orr
Rae Rosen

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Abstract

Employment in the New York-New Jersey region expanded by about 0.9 percent in 2006. Slightly slower job growth - on the order of 0.8 percent - was recorded in the first half of 2007 and is expected to continue throughout the year, in part reflecting moderating growth in the national economy. The employment rise in New York State was led by a strong expansion of services jobs in New York City; any sustained weakening in the city's financial sector would be unlikely to affect employment significantly until 2008.

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Publisher Info
Article provided by Federal Reserve Bank of New York in its journal Current Issues in Economics and Finance.

Volume (Year): (2007)
Issue (Month): Aug ()
Pages:
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Handle: RePEc:fip:fednci:y:2007:i:aug:n:v.13no.7

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Related research
Keywords: Federal Reserve District 2nd Employment Economic conditions Service industries

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This page was last updated on 2008-8-24.

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