Private sector employment in New York City rose by 107,800, or 3.0 percent, to 3,659,400 for the 12-month period ending July 2015. Jobs grew in educational and health services (+34,400), professional and business services (+20,200), leisure and hospitality (+17,400), trade, transportation, and utilities (+12,900), other services (+10,500), financial activities (+9,600), construction (+2,700), and information (+2,300). Manufacturing (-2,200) was the only sector to lose jobs. Government employment rose by 3,400.
The city’s over-the-year picture was positive, with every sector except manufacturing adding jobs for the 12 months through July 2015. The city’s over-the-year private sector growth rate (+3.0 percent) was above comparable rates at the state (+2.5 percent) and national (+2.4 percent) levels.
The city’s seasonally-adjusted unemployment rate was 5.7 percent in July 2015, down 0.4 of a point from June and 1.3 percentage points compared to a year ago. New York State’s rate was 5.4 percent in July 2015. The share of the city's working-age population (16+) who were employed was 57.7 percent in July 2015. The number of New York City residents with jobs climbed 130,600 (+3.4 percent) in the last 12 months.
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