Thursday, June 19, 2014

NYC - Manhattan Tops 2.5 Million Jobs in 4Q13

Manhattan Jobs Passed 2.5 Million in 4Q13
Manhattan jobs grew 2.4 percent between the fourth quarter of 2012 and the fourth quarter of 2013, the Bureau of Labor Statistics announced this morning.

The base of 2.5 million jobs will be a marker for Mayor Bill de Blasio.

The Manhattan (aka New York County) growth rate was among the 100 best of the 335 largest counties in the United States.

The best-performing borough in New York City was Brooklyn, with 4.5 percent growth, followed by Staten Island with 4.4 percent and the Bronx with 2.9 percent. Queens trailed with 1.5 percent growth.

The average weekly wage in Manhattan fell 3.3 percent over the year, to $2,041, trailing San Mateo, Calif., which was $2,724 in 4Q13.  San Mateo's income fell even more than Manhattan's, as did that of Washington, DC and Tulsa, Okla.