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Long Island : Office Snapshot - Q2 2013

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Long Island : Office Snapshot - Q2 2013

The Long Island unemployment rate is currently 6.1%, down 1.1 percentage points (pp) from one year ago and 1.3 pp lower than New York State’s rate. As of May, the number of private sector jobs increased by 28,000 over the last year, bringing the current unemployment rate to its lowest level in five years. The top industry performers for job growth included professional and business services, leisure and hospitality, and education and health services. These areas added 9,900, 5,900, and 5,100 jobs, respectively. Conversely, during the same period, the government sector lost 3,200 jobs, mainly in local government education.

Source : Cushman & Wakefield

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