quarterly BOROUGH LABOR MARKET BRIEF Quarter 1 · Note: Timeframe is April 2016-April 2017. Not all...
Transcript of quarterly BOROUGH LABOR MARKET BRIEF Quarter 1 · Note: Timeframe is April 2016-April 2017. Not all...
INDUSTRIES, JOBS, EMPLOYMENT, AND DEMOGRAPHIC TRENDS NYC AND THE FIVE BOROUGHS: brooklyn, bronx, manhattan, queens, staten island
quarterly BOROUGH LABOR MARKET BRIEF
Quarter 1
january-march 2017
About this reportThis second quarterly report—focused on health care—provides educa-tion and workforce development professionals with timely data about jobs, industries, in-demand skills, and workers in NYC and the five boroughs. This report is made possible by the generous support of the NYC Workforce Funders and the New York Community Trust.
jobs gains and losses since last issue
Contents 1 NYC OVERVIEW13 BRONX19 BROOKLYN25 MANHATTAN31 QUEENS37 STATEN ISLAND43 GLOSSARY44 ABOUT US
Source: New York State Department of Labor, Quarterly Census of Employment and Wages.
2 N YC
N Y C L M I S | Q 1 2 0 1 7
Source: US unemployment rate from Bureau of Labor Statistics, Current Population Survey; New York State and New York City from New York State Department of Labor, Local Area Unemployment Statistics.
E M P L O Y M E N T Q1 2017
ACROSS NEW YORK City, 173,300 people were unemployed in March 2017, down 51,200 from
this time last year.
THE CITYWIDE UNEMPLOYMENT rate fell 0.7 percentage points since February 2017 and down
1.6 percentage points since last year.
5.1%
4.6%
5.2%
4.4%
5.7%
4.1%
3.5%
4.0%
4.5%
5.0%
5.5%
6.0%
Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17
Unemployment RateMarch 2016 - March 2017
US NYS NYC
N Y C L M I S | Q 1 2 0 1 7
N YC 3
Source: New York State Department of Labor, Local Area Unemployment Statistics.Note: Not seasonally adjusted.
While the Bronx has
the highest unem-
ployment rate of the five
boroughs (5.7 percent),
the greatest number of
unemployed New Yorkers
(almost 52,000) live in
Brooklyn.
4 N YC
N Y C L M I S | Q 1 2 0 1 7
Source: New York State Department of Labor, Current Employment Statistics. Note: Not seasonally adjusted for seasonal patterns that may emerge in certain industries. Icons from icons8.com
Top Six Largest Sectors in NYCEmployment (in 1,000s), as of March 2017
Just six sectors account
for 62 percent of all
jobs in New York City. 704 Health Care and Social Assistance
554 Government
417 Professional, Scientific, and Tech Services
350 Accommodation and Food Services
343 Retail Trade
334 Finance and Insurance
I N D U S T R I E S Q1 2017
5N YC
N Y C L M I S | Q 1 2 0 1 7
Source: New York State Department of Labor, Current Employment Statistics.
job gains and losses
1 SINCE APRIL 2016, the Health Care and Social Assistance sector added the most jobs (+29,000).
2 ANOTHER SECTOR EXPERIENCING gains is Professional, Scientific, and Technical Services,
adding close to 11,000 jobs.
3 WHOLESALE TRADE EXPERIENCED the biggest job loss between March 2016 and March
2017, shedding close to 6,000 jobs.
6 N YC
N Y C L M I S | Q 1 2 0 1 7
Source: Burning Glass Technologies, Labor Insight.™
jpmorgan chase: top occupations advertised
S INCE OUR LAST update (covering November-December 2016), Memorial Sloan Kettering
Cancer Center, Pfizer, and Deloitte replaced Macy’s, Arbor Networks, and Eurofins as top
posting employers in NYC.
Not all types of jobs are equally represented online. Please see the glossary for more details.
R E A L-T I M E J O B A D S Q1 2017
7N YC
N Y C L M I S | Q 1 2 0 1 7
7N YC
E IGHTEEN OUT OF
the twenty most fre-
quently advertised jobs are for
occupations typically held by
New York City workers with a
bachelor’s degree. The two
most frequently advertised
occupations that don’t require
a bachelor ’s degree are
Secretar ies and Retai l
Salespeople. Since the last
update, Lawyers replaced
Information Technology Project
Managers as a top occupation.
Source: Burning Glass Technologies, Labor Insight.™
top skills in demand
Employability Software Specialized
Communication Skills Microsoft Excel Project Management
Writing Microsoft Office Budgeting
Team Work/Collaboration Microsoft PowerPoint Customer Service
Organizational Skills Microsoft Word Scheduling
Research SQL Sales
jpmorgan chase: top occupations advertised
Note: Secretaries and Administrative Assistants do not include Legal, Medical, and Executive secretaries.
8 N YC
N Y C L M I S | Q 1 2 0 1 7
Source: Quarterly Census of Employment and Wages, New York State Department of Labor, 2000-2015.
Health care Jobs in NYC Year-Over-Year Employment Change, 2007-2015
H EALTH CARE IS the largest sector in NYC. Health care jobs were not as sensitive to the
business cycle as overall industries, gaining jobs (two percent) at the height of the recent
recession while overall employment fell two percent. In 2014, employment in Health care indus-
tries grew more slowly (two percent) than total employment (three percent).
-3%
2%
-4%
-3%
-2%
-1%
0%
1%
2%
3%
4%
5%
2007 2008 2009 2010 2011 2012 2013 2014 2015
RECESSION TOTAL EMPLOYMENT (ALL OWNERSHIP) HEALTH CARE INDUSTRIES
H E A LT H C A R E Q1 2017
N Y C L M I S | Q 1 2 0 1 7
N YC 9
Source: Occupational wages and employment from New York State Department of Labor, Occupational Employment Statistics. Most common education of individuals in occupations: 2012 and 2013 American Community Survey Public Use Microdata, U.S. Department of Commerce, U.S. Census Bureau.
Health care occupations in NYC
H HOME HEALTH AIDES account for the largest number of jobs in Health care, employing
over 117,000 workers.
10 N YC
N Y C L M I S | Q 1 2 0 1 7
1 THE OCCUPATION PREDICTED to add the most jobs by 2022 is Home Health Aide.
2 SEVENTEEN OF THE 20 top projected growth occupations are typically held by individuals
with some college, an associate degree, or a bachelor’s degree or higher.
Note: Occupational wages and employment from New York State Department of Labor, Occupational Employment Statistics; Projections and wages fromNew York State Department of Labor, Division of Research & Statistics.
projected occupation growth
11N YC
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11N YC
1 NONE OF THE fastest growing jobs typically held by those with a high school degree or its equivalent pay at or more than the citywide median.
2 TWO OF THE fastest growing jobs typically held by those with some college pay at or more than the median—Surgical Technologists and Licensed Practical and Licensed Vocational Nurses.
3 MOST OF THE fastest growing jobs typically held by those with an Associate degree and bachelor’s degree pay at or above the citywide median.
Source: Projections and wages from New York State Department of Labor, Division of Research & Statistics. Most common education from 2012 and 2013 American Community Survey Public Use Microdata, U.S. Department of Commerce, U.S. Census Bureau.
projected occupation growth
Source: NYCLMIS analysis of Labor Insight™ Real-Time Market Data | Burning Glass Technologies
12 N YC
N Y C L M I S | Q 1 2 0 1 7
12 N YC
real time job ads in health care
Source: Burning Glass Technologies, Labor Insight.™ Note: Timeframe is April 2016-April 2017.
Not all jobs are equally represented online. Larger employers are more likely to post jobs online.
Many unionized Health care positions are not advertised online but through employ-ment centers.
N Y C L M I S | Q 1 2 0 1 7
13B R O N X
health care spotlight
Source: Burning Glass Technologies, Labor Insight.™ Note: Timeframe is April 2016-April 2017.
Not all jobs are equally repre-sented online. Large employers are more likely to post jobs online.
Many unionized Health care posi-tions are not advertised online but through employment centers.
The Bronx has 91,000
jobs in the Health Care
and Social Assistance
sector (the largest in the
borough).
B R O N XB R I E F Q1 2017
N Y C L M I S | Q 1 2 0 1 7
14 B R O N X
health care real time job ads
Source: Burning Glass Technologies, Labor Insight.™ Note: Timeframe is April 2016-April 2017.
TOP POSTINGS FROM montefiore
N Y C L M I S | Q 1 2 0 1 7
15B R O N X
Note: Top industries reflect average of last four available quarters. Source: New York State Department of Labor, Quarterly Census of Employment and Wages. Icons from icons8.com
Just six sectors
account for 77% of
all jobs in the Bronx.
91 Health Care and Social Assistance
61 Government
31 Retail Trade
17 Accommodation and Food Services
16 Education Services
11 Construction
I N D U S T R I E S Q1 2017
Top Six Largest Sectors in the bronxEmployment (in 1,000s)
N Y C L M I S | Q 1 2 0 1 7
16 B R O N X
Note: Average wages from 2015. Top industries reflect average of last four available quarters. Source: New York State Department of Labor, Quarterly Census of Employment and Wages.
1 HEALTH CARE AND Social Assistance has the most jobs in the Bronx.
2 BETWEEN THE THIRD quarter of 2015 and third quarter of 2016, of the classified sectors, Retail Trade added the most jobs (+409).
A ccommodat ion and Food Service , the third largest sector in the Bronx, shed over 650 jobs.
N Y C L M I S | Q 1 2 0 1 7
17B R O N X
Source: Burning Glass Technologies, Labor Insight.™
TOP POSTINGS FROM MONTEFIORE
S INCE THE LAST update (covering September-December 2016), The Jewish Board, NYC
Charter School Center, Lighthouse Academies, and Cayuga Centers emerged as top posting
employers in the borough, replacing Emerging Health IT, ESF Camps, and UnitedHealth Group.
Not all types of jobs are equally represented online. Please see the glossary for more details.
R E A L-T I M E J O B A D S Q1 2017
N Y C L M I S | Q 1 2 0 1 7
B R O N X18
O F THE TOP 10 jobs most
frequently advertised from
January to March 2017, seven are
those typically held by workers with a
bachelor’s degree or higher in NYC.
Retail Salespersons, Secretaries and
Administrative Assistant, and Customer
Service Representatives typically have
a high school degree or its equiva-
lent. Social Workers and Accountants
replaced Software Developers and
Human Resources Specialists as top
advertised occupations.
top skills in demandEmployability Software Specialized
Communication Skills Microsoft Excel Customer Service
Writing Microsoft Office Supervision
Organizational Skills Microsoft PowerPoint Scheduling
Team Work/Collaboration Microsoft Word Sales
Planning SQL Budgeting
Source: Burning Glass Technologies, Labor Insight.™
N Y C L M I S | Q 1 2 0 1 7
B R O O K LY N 19
health care spotlight
Source: Burning Glass Technologies, Labor Insight.™ Note: Timeframe is April 2016-April 2017.
Not all jobs are equally repre-sented online. Large employ-ers and corporations are more likely to post jobs online.
Many unionized Health care positions are not ad-vertised online but through employment centers.
Brooklyn has approx-
imately 186,000 jobs
in the Health Care
and Social Assistance
sector (the largest in
the borough).
B R O O K LY NB R I E F Q1 2017
N Y C L M I S | Q 1 2 0 1 7
B R O O K LY N20
health care real time job ads
Source: Burning Glass Technologies, Labor Insight.™ Note: Timeframe is April 2016-April 2017.
TOP POSTINGS FROM suny downstate
N Y C L M I S | Q 1 2 0 1 7
21
Note: Top industries reflect average of last four available quarters. Source: New York State Department of Labor, Quarterly Census of Employment and Wages. Icons from icons8.com.
Just six sectors
account for 64% of
all jobs in Brooklyn. 186 Health Care and Social Assistance
74 Government
74 Retail Trade
45 Accommodation and Food Services
29 Construction
29 Administrative and Waste Services
I N D U S T R I E S Q1 2017
Top Six Largest Sectors in brooklyn Employment (in 1,000s)
21B R O O K LY N
N Y C L M I S | Q 1 2 0 1 7
B R O O K LY N22
1 HEALTH CARE AND Social Assistance has the most jobs in Brooklyn. Other significant industries are Government and Retail Trade.
2 BETWEEN THE THIRD quarter of 2015 and third quarter of 2016, Health Care and Social Assistance added the most jobs (close to 15,000).
3 MANUFACTURING SHED THE most jobs (over 1,000).
Note: Average wages from 2015. Top industries reflect average of last four available quarters. Source: New York State Department of Labor, Quarterly Census of Employment and Wages.
N Y C L M I S | Q 1 2 0 1 7
23B R O O K LY N
Source: Burning Glass Technologies, Labor Insight.™
TOP POSTINGS FROM jpmorgan
S INCE THE LAST update (covering September-December 2016), The Jewish Board, Metropolitan
Jewish Health, MJHS, and SCO Family of Services emerged as top posting employers in the
borough, replacing New York Methodist Hospital, the City University of New York (CUNY), and Etsy.
Not all types of jobs are equally represented online. Please see the glossary for more details.
R E A L-T I M E J O B A D S Q1 2017
N Y C L M I S | Q 1 2 0 1 7
24 B R O O K LY N
O F THE TOP 10 jobs
most frequently adver-
tised from January to March
2017, nine are typically held
by workers with a bachelor’s
degree or higher in NYC. Retail
Salespersons typically have a
high school degree or its equiva-
lent. The top occupations listed
are the same as the last update
(September-December 16).
top skills in demandEmployability Software Specialized
Communication Skills Microsoft Excel Customer Service
Writing Microsoft Office Scheduling
Organizational Skills Microsoft PowerPoint Teaching
Team Work/Collaboration Microsoft Word Supervisory Skills
Detail-Oriented Microsoft Windows Budgeting
Source: Burning Glass Technologies, Labor Insight.™
N Y C L M I S | Q 1 2 0 1 7
25M A N H AT TA N
heath care spotlight
Source: Burning Glass Technologies, Labor Insight.™ Note: Timeframe is April 2016-April 2017. Medical Scientists do not include Epidemiologists.
Manhattan has 184,000
jobs in the Health Care and
Social Assistance sector
(the fifth largest sector in
the borough).
Not all jobs are equally repre-sented online. Large employers are more likely to post jobs online.
Many unionized health care posi-tions are not advertised online but through employment centers.
M A N H AT TA NB R I E F Q1 2017
N Y C L M I S | Q 1 2 0 1 7
26 M A N H AT TA N
health care real time job ads
Note: NYU includes NYU Hospitals Center, NYU School Of Medicine, and NYU Hospital for Joint Diseases. Source: Burning Glass Technologies, Labor Insight.™ Note: Timeframe is April 2016-April 2017.
TOP POSTINGS FROM NYU medical center
N Y C L M I S | Q 1 2 0 1 7
2727M A N H AT TA N
Note: Top industries reflect average of last four available quarters. Source: New York State Department of Labor, Quarterly Census of Employment and Wages. Icons from icons8.com
Just six sectors
account for 55%
of all jobs in
Manhattan.
295 Finance and Insurance
293 Professional and Technical Services
214 Government
180 Accommodation and Food Services
184 Health Care and Social Assistance
152 Information
I N D U S T R I E S Q1 2017
Top Six Largest Sectors in manhattan Employment (in 1,000s)
N Y C L M I S | Q 1 2 0 1 7
28 M A N H AT TA N
Note: Average wages from 2015. Top industries reflect average of last four available quarters. Source: New York State Department of Labor, Quarterly Census of Employment and Wages.
1 FINANCE AND INSURANCE now has the most jobs in Manhattan, replacing Professional and Technical Services.
2 BETWEEN THE THIRD quarter of 2015 and third quarter of 2016, of the classified sectors, Professional and Technical Services added the most jobs (over 8,700).
3 THE RETAIL TRADE sector shed over 5,500 jobs.
N Y C L M I S | Q 1 2 0 1 7
29M A N H AT TA N
Source: Burning Glass Technologies, Labor Insight.™
TOP POSTINGS FROM jpmorgan
S INCE THE LAST update (covering September-December 2016), Memorial Sloan Kettering Cancer
Center emerged as a top posting employer in the borough, replacing Arbor Networks.
Not all types of jobs are equally represented online. Please see the glossary for more details.
R E A L-T I M E J O B A D S Q1 2017
N Y C L M I S | Q 1 2 0 1 7
30 M A N H AT TA N
O F THE TOP 10 jobs most
frequently advertised from
January to March 2017, eight are
those typically held by workers with
a bachelor’s degree or higher in
NYC. Sales Representatives and
Secretaries and Administrative
Assistants, typically have a high
school degree or its equivalent.
Since the last update, Secretaries
and Administrative Assistants
replaced Retail Salespersons
as one of the top advertised
occupations.
top skills in demandEmployability Software Specialized
Communication Skills Microsoft Excel Project Management
Writing Microsoft Office Budgeting
Team Work/Collaboration Microsoft PowerPoint Customer Service
Organizational Skills Microsoft Word Sales
Detail-Oriented SQL Scheduling
Source: Burning Glass Technologies, Labor Insight.™
31
N Y C L M I S | Q 1 2 0 1 7
Q U E E N S
health care spotlight
Source: Burning Glass Technologies, Labor Insight.™ Note: Timeframe is April 2016-April 2017.
Queens has approxi-
mately 129,000 jobs in the
Health Care and Social
Assistance sector, the
largest in the borough.
Not all jobs are equally repre-sented online. Large employers are more likely to post jobs online.
Many unionized health care posi-tions are not advertised online but through employment centers.
Q U E E N SB R I E F Q1 2017
N Y C L M I S | Q 1 2 0 1 7
32 Q U E E N S
health care real time job ads
Source: Burning Glass Technologies, Labor Insight.™ Note: Timeframe is April 2016-April 2017.
TOP POSTINGS FROM Northwell Health
N Y C L M I S | Q 1 2 0 1 7
Q U E E N S 33
Note: Top industries reflect average of last four available quarters. Source: New York State Department of Labor, Quarterly Census of Employment and Wages. Icons from icons8.com
Just six sectors
account for 70% of
all jobs in Queens.
129 Health Care and Social Assistance
96 Government
65 Transportation and Warehousing
62 Retail Trade
50 Construction
48 Accommodation and Food Services
I N D U S T R I E S Q1 2017
Top Six Largest Sectors in queensEmployment (in 1,000s)
N Y C L M I S | Q 1 2 0 1 7
Q U E E N S 34
Note: Average wages from 2015. Top industries reflect average of last four available quarters. Source: New York State Department of Labor, Quarterly Census of Employment and Wages.
1 HEALTH CARE AND Social Assistance has the most jobs in Queens. Other significant industries are Government and Transportation and Warehousing.
2 BETWEEN THE THIRD quarter of 2015 and third quarter of 2016, of the classified sectors, Health Care and Social Assistance added the most jobs (over 4,800).
3 TRANSPORTATION AND WAREHOUSING, the third largest sector, lost the most jobs (over 900).
35
N Y C L M I S | Q 1 2 0 1 7
Q U E E N S
Source: NYCLMIS analysis of Labor Insight™ Real-Time Market Data | Burning Glass Technologies
TOP POSTINGS FROM citi
Not all types of jobs are equally represented online. Please see the glossary for more details.
S INCE THE LAST update (covering September-December 2016), Aramark, MTA, New York Life,
Spectrum, Bank of America, and SCO Family of Services emerged as top posting employers in
the borough, replacing the City of New York, Dish Network, Fresh Direct, Atria Senior Living, Gap Inc.
and the City University of New York (CUNY).
R E A L-T I M E J O B A D S Q1 2017
N Y C L M I S | Q 1 2 0 1 7
36Q U E E N S
O F THE TOP 10 jobs most
frequently advertised,
seven are those typically held by
workers with a bachelor’s degree
or higher in NYC. Heavy and
Tractor-Trailer Truck Drivers, Retail
Salespersons, and Secretaries
and Administrative Assistants typ-
ically have a high school degree
or its equivalent. Since the last
update (September-December
16), Medical and Health Services
Managers (typically held by those
with a graduate degree) replaced
Human Resources Specialists as
a top advertised occupation. top skills in demandEmployability Software Specialized
Communication Skills Microsoft Excel Customer Service
Writing Microsoft Office Scheduling
Organizational Skills Microsoft PowerPoint Sales
Problem Solving Microsoft Word Supervision
Team Work/Collaboration Microsoft Windows BudgetingSource: Burning Glass Technologies, Labor Insight.™
N Y C L M I S | Q 1 2 0 1 7
S TAT E N I S L A N D 37
health care spotlight
Source: Burning Glass Technologies, Labor Insight.™ Note: Timeframe is April 2016-April 2017.
Staten Island has approx-
imately 30,000 jobs in the
Health Care and Social
Assistance sector, the
largest in the borough.
Not all jobs are equally represent-ed online. Large employers are more likely to post jobs online.
Many unionized health care posi-tions are not advertised online but through employment centers.
S TAT E N I S L A N DB R I E F Q1 2017
N Y C L M I S | Q 1 2 0 1 7
S TAT E N I S L A N D 38
health care real time job ads
TOP POSTINGS FROM Northwell Health
Source: Burning Glass Technologies, Labor Insight.™ Note: Timeframe is April 2016-April 2017.
N Y C L M I S | Q 1 2 0 1 7N Y C L M I S | M a y l 2 0 1 7
39S TAT E N I S L A N D 39
Note: Top industries reflect average of last four available quarters. Source: New York State Department of Labor, Quarterly Census of Employment and Wages. Icons from icons8.com
76% of jobs
belong to the six
largest sectors in
Staten Island.
30 Health Care and Social Assistance
19 Government
16 Retail Trade
9 Construction
8 Accommodation and Food Services
5 Transportation and Warehousing
I N D U S T R I E S Q1 2017
Top Six Largest Sectors in staten island Employment (in 1,000s)
S TAT E N I S L A N D
N Y C L M I S | Q 1 2 0 1 7
40
Note: Average wages from 2015. Top industries reflect average of last four available quarters. Source: New York State Department of Labor, Quarterly Census of Employment and Wages.
1HEALTH CARE AND Social Assistance employs the most workers in Staten Island. Other significant industries are Government and Retail Trade.
2 BETWEEN THE THIRD quarter of 2015 and third quarter of 2016, Health Care and Social Assistance added the most jobs (over 650).
3 THE INFORMATION SECTOR– one of the smallest in the borough– shed over 280 jobs.
S TAT E N I S L A N D
N Y C L M I S | Q 1 2 0 1 7
S TAT E N I S L A N D 41
Source: Burning Glass Technologies, Labor Insight.™
TOP POSTINGS, Northwell Health
Not all types of jobs are equally represented online. Please see the glossary for more details.
S INCE THE LAST update (covering September-December 2016), Marriott International Incorporated,
The Jewish Board, Centers Plan For Healthy Living, and Integris emerged as top posting employ-
ers in the borough, replacing Toys”R”Us, Inc., Brightpoint Health, ServiceMaster, and Archcare.
R E A L-T I M E J O B A D S Q1 2017
N Y C L M I S | Q 1 2 0 1 7
S TAT E N I S L A N D 42
O F THE TOP 10 jobs most
frequently advertised, eight
are those typically held by workers
with a bachelor’s degree or higher in
NYC. Heavy and Tractor-Trailer Truck
Drivers and Retail Salespersons typ-
ically have a high school degree or
its equivalent. Since the last update
(covering September-December
2016) Secretaries and Administrative
Assistants and Compensation and
Benefit Specialists replaced Sales
Agents and Merchandise Displayers
as top advertised occupations.
top skills in demandEmployability Software Specialized
Communication Skills Microsoft Excel Customer Service
Writing Microsoft Office Sales
Physical Demand Microsoft Word Retail Setting
Organizational Skills Microsoft PowerPoint Supervision
Team Work/Collaboration Microsoft Sharepoint Scheduling
Source: Burning Glass Technologies, Labor Insight.™
N Y C L M I S | Q 1 2 0 1 7
43G L O S S A RY
LABOR FORCE PARTICIPANTSLabor force participants include those who are employed and unemployed (those actively looking for work during the last four weeks).
LABOR MARKET INFORMATION Labor market information includes all data (both quantitative and qualitative) and analysis related to employment and the workforce (past, current, and future projections) that can help constituents make decisions and choices about education, training, and job search.
SECTORS AND INDUSTRIESIndustries consist of businesses doing similar activities. The North American Indu-stry Classification System (NAICS) is the standard used to classify business establi-shments.
OCCUPATIONS Occupations have similar job duties. Occupations (e.g. accountants) can span indu-stries or they can be found solely in just one in-dustry (e.g. nurses). The Standard Occupation Classification (SOC) System is a hierarchical framework and the standard used to classify occupations into categories for the purpose of collecting, calculating, or disseminating data.
REAL-TIME LABOR MARKET INFORMATIONReal-time labor market information (RTLMI) describes software that scrapes online job postings daily, organizes the information into quantifiable data, and then stores this informa-tion into databases for analysis.
Not all types of jobs are equally represented online. Large employers and corporations are more likely to post jobs online. Smaller busi-nesses are more likely to post only executive positions online. Some occupation groups, such as construction and production, are un-der-represented because employers use other hiring methods such as union halls or job fairs.
SEASONAL ADJUSTMENTSeasonal adjustment is a statical method that takes into account seasonal patterns that can impact employment and unemployment ove-rall and in certain industries (e.g. retail em-ployment typically increases during the retail holiday season and falls thereafer).
G L O S S A R Y KEY TERMS
N Y C L M I S | Q 1 2 0 1 7
44A B O U T U S
The Center for Urban Research (CUR) organizes basic research
on the critical issues that face New York and other large cities in the
U.S. and abroad; collaborates with public agencies, nonprofit organi-
zations, and other partners to help them understand how to respond
to the challenges they face; and informs the media, opinion-shapers,
and the public about urban research at The Graduate Center, CUNY.
Combined, the leadership team of the Center for Urban Research
– which includes the CUNY Data Service, the CUNY Mapping
Service, and the New York City Labor Market Information
Service (NYCLMIS) – has more than a century of experience
working in and with the City of New York in research and policy con-
sulting capacities. New York City is and has always been the focal
point of its work.
The New York City Labor Market Information Service (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 better
labor market outcomes. We are dedicated to academic-quality rigor,
close collaboration with our clients, advancing the skills of the work-
force, and contributing to a healthy economy.
Questions about this report?
Contact:
Ofronama Biu Senior Research Associate The NYC Labor Market Information Service (NYCLMIS)
212.817.2034