Wednesday, September 6, 2017

SUFFOLK, NY | Disappointing 1Q17

Suffolk County, N.Y.
The first-quarter county data came out from the Bureau of Labor Statistics this morning (http://bit.ly/2wFDNPd), showing how Suffolk County is doing on jobs and wages.

Average employment in the county rose 0.6 percent, up slightly from the first quarter of the previous year, but not as much as most other counties. Suffolk ranked #259 out of 347 large U.S. counties, on the edge of the bottom quartile.

Manhattan jobs, by comparison, rose 1.3 percent, closer to the median county average. Brooklyn jobs rose 3.2 percent, which ranks #34, in the top tenth of the large counties.

Suffolk average wages rose 5.1 percent, ranking #260 out of the 347 counties, which puts it in the bottom quartile. In Manhattan, by contrast, wages rose 6.3 percent, again putting the county in the middle of the ranking.