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

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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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  • Jason Bram & James A. Orr & Rae D. Rosen, 2007. "Job growth in New York and New Jersey: mid-2007 review and outlook," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 13(Aug).
  • Handle: RePEc:fip:fednci:y:2007:i:aug:n:v.13no.7
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    References listed on IDEAS

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    1. Jason Bram & Mike DeMott, 1998. "New York City's new-media boom: real or virtual?," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 4(Oct).
    2. Jason Bram & James A. Orr, 1999. "Can New York City bank on Wall Street?," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 5(Jul).
    3. James A. Orr & Robert W. Rich & Rae D. Rosen, 1999. "Two new indexes offer a broad view of economic activity in the New York - New Jersey region," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 5(Oct).
    4. Richard Deitz & James A. Orr, 2006. "A leaner, more skilled U.S. manufacturing workforce," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 12(Feb/Mar).
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