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Long Island : Industrial Snapshot - Q4 2013

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Long Island : Industrial Snapshot - Q4 2013

The Long Island unemployment rate is currently 5.4%, down 1.7 percentage points from one year ago and is 1.5 percentage points lower than New York State’s rate. Nassau County’s unemployment rate dropped to 5.1%, down 1.9 percentage points from one year ago while Suffolk County’s rate fell during the same period to 5.6%. From November 2012- November 2013 the private sector added 31,900 jobs. The top industry performers for job growth included professional and business services, education and health services and retail trade. These areas added 10,400, 10,000, and 7,000 jobs, respectively for the year.

Source : Cushman & Wakefield

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Keywords : Cushman & Wakefield