New York on track to have most jobs in city’s history

Credit: Getty Images
Credit: Getty Images

By the time Mayor Michael Bloomberg steps down Jan. 1, the city will have 4 million total jobs for the first time in history.

“More New Yorkers have private sector jobs than ever before. And the best days for our city are still ahead,” Bloomberg said at St. George Ferry Terminal Thursday, the third stop on his all-borough farewell tour.

Since the end of 2001 as Bloomberg took office to October 2013, more than 406,000 private sector jobs have been add, a 13 percent increase, officials said.

Most of the city’s job growth has been outside of Manhattan.

“We’re creating a more economically diverse New York, freeing the city’s economy from the steep ups and downs of the Wall Street boom and bust cycle,” the mayor said.

Job growth has also generally been the strongest in low-wage industries, according to the Independent Budget Office.

“The argument would be that any job, even a low-wage job, is a starter job…That those jobs, even if they are low wages, give you a stepping stone to a higher-wage job,” Bloomberg said.

Follow Anna Sanders on Twitter @AnnaESanders


News
Entertainment
Sports
Lifestyle
International

Putin fields question from U.S. fugitive Edward Snowden

Edward Snowden, the fugitive former U.S. spy agency contractor who leaked details of intelligence eavesdropping, asked Russian President Vladimir Putin a question on Thursday during…

Local

Cops release sketch of Madison Avenue jewelry robbery…

Authorities continue to look for a man suspected in a $54,000 jewelry heist at a Madison Avenue store from from last week.

National

Rapper affiliate of Wu-Tang Clan 'cuts off own…

Rapper Andre Johnson, who has performed with New York outfit the Wu-Tang Clan, is in a critical condition after reportedly cutting off his own penis…

International

Canadian charged in 'Heartbleed' attack on tax agency

OTTAWA (Reuters) - Canadian police have arrested a 19-year-old man and charged him in connection with exploiting the "Heartbleed" bug to steal taxpayer data from…

The Word

'Mrs. Doubtfire' sequel in the works

Finally, Hollywood is making your dreams come true - they're making that "Mrs. Doubtfire" sequel you've been clamoring for all these years.

The Word

Lawsuit accuses 'X-Men' director Bryan Singer of raping…

A new lawsuit accuses director Bryan Singer of sexual assault against a minor.

Movies

The Cannes Film Festival announces its 2014 lineup

The lineup of the 2014 Cannes Film Festival was announced this morning, promising the latest from a slew of usual (and some unusual) suspects.

Television

‘Survivor: Cagayan’ recap: Episode 8

Sure, it's called Survivor. But this season should really be called 'The Tony Show.'

NBA

Knicks wrap up season with win over Raptors

The Knicks wrapped up their season as it began — undermanned — but that still didn’t deter them from ending it the right way.

MLB

Adam Warren closes out doubleheader sweep for Yankees

Adam Warren navigated a tricky ninth inning earn the Yankees a 2-0 victory over the Cubs.

NHL

Marc Staal healthy, eager to contribute to Rangers…

Marc Staal remembers the feeling of helplessness watching his teammates compete for hockey’s ultimate prize and being unable to contribute.

NFL

2014 NFL Mock Draft: Updated, new April version

2014 NFL Mock Draft: Updated, new April version

Parenting

How to parent without gender stereotypes in a…

Christia Spears Brown, Phd. author of "Parenting beyond Pink & Blue" gives advice on raising kids free of gender stereotypes.

Wellbeing

This Week in Health News: breastfed infants trying…

Are breastfed infants trying to prevent mom from having another baby? Theory: The act of breastfeeding not only brings mom and baby closer together –…

Wellbeing

This Week in Health: chocolate may prevent obesity…

Can chocolate prevent obesity and diabetes? Location of study: U.S. Study subjects: Mice Results: The positive health benefits of chocolate have been studied increasingly more…

Wellbeing

Unexplained infertility may be caused by lack of…

Researchers have identified a protein on the egg's surface that interacts with another protein on the surface of sperm, allowing the two cells to join.