New York City seems to be in the record-breaking business lately.
Along with having the warmest December recorded, the Big Apple has also hit a record high in its job count with a total of 4.24 million jobs — the highest number in city history, according to the New York City Economic Development Corporation.
The NYCEDC, together with the Mayor’s Office of Management and Budget, released Friday an analysis of seasonally adjusted job numbers for November, based on data from the New York State Department of Labor.
According to the data, between October and November of this year, the city added 12,600 private sectors jobs — a number “significantly larger” than in the previous years.
At the same time, the city’s unemployment rate continues at 4.8 percent, which is the at its lowest level since February 2007.
“This administration’s goal has been to provide greater opportunity for people in every neighborhood, and that’s what these numbers show,” said Alicia Glen, Deputy Mayor for Housing and Economic Development. “Our city is continuing to grow quality jobs for even more New Yorkers, and we will continue finding creative ways to expand and strengthen our economy.”
New York City gained a total of 103,100 private sector jobs – an increase of 2.8 percent – during the 12 months ending this November, according to the NYCEDC. This number is higher than the national growth rate, which was 2.2 percent, during the same time period.
In the last year, 27.4 percent of the private job growth came from the health care and social assistance sector, 11.4 percent from accommodation and food service, and 11.2 percent from finance and insurance.