Labor Statistics for the Long Island Region Nassau and Suffolk counties
Recent Developments in the Long Island Labor Market
Long Island’s private sector gained 20,100 jobs, or 2.0 percent, in March 2012 compared to a year ago. This follows two months of 2.1 percent year-over-year growth. The professional and business services sector was responsible for half the gain adding 10,100 jobs. Anecdotal evidence suggests venture capital funds are returning to the region and a mini tech mall in Hauppauge continues to fill its space at a rapid clip with three new companies moving in. Health care and social assistance continues to be a leader in job growth on Long Island gaining 4,600 jobs over-the-year.
The leisure and hospitality sector grew by 3,200 between February and March (not seasonally adjusted), above its normal March gain of 2,650. New restaurant openings along with normal seasonal gains in this sector could be a boost to the area’s labor market in coming months.
Long Island’s over-the-year private sector growth rate (+2.0 percent) was slightly below the state (+2.1 percent), but in line with the nation (+2.0 percent).
Other Information of Interest to Long Islanders:
- Statistical Data from Monthly Labor Dept. Press Release and schedule of future releases
- Business Expansions & Contractions on Long Island
- Significant Industries - Long Island Region | 2011
- Industry Clusters - Seeking Synergies for Regional Competitive Advantage
Industry Clusters in New York State
Industry Clusters on Long Island - Other Sources of Employment & Industry Data
- Consumer Price Index
- Population Trends (including "Affirmative Action" Data)
- Why go to school?==> "Value of Education" Calculator
- Labor Laws
For further information:
Shital Patel
Division of Research & Statistics
New York State Dept. of Labor
303 W. Old Country Rd.
Hicksville, NY 11801
fax: 516-433-3799
e-mail: shital.patel@labor.ny.gov