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Long Island’s Economy & Labor Market: A Brief Overview Presented by: Mark J. Grossman Commissioner’s Long Island Regional Representative Labor Market Information prepared by: Michael Crowell Senior Economist
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Peak in current downturn: 8.3% (Feb 2010) Mar ‘11: 7.1% Peak in 1992: 8.3%
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Mark Grossman begins job at the NYS Department of Labor
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Long Island Region Labor Market Briefing May 2011
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Growing Industries on Long Island, 12 Months Ending May 2011 Hospitals + 1,700 Food Services and Drinking Places + 1,300 Amusement, Gambling, and Recreation+ 1,200 Nursing and Residential Care Facilities + 800 Social Assistance+ 800 Ambulatory Health Care Services+ 600 Credit Intermediation & Related Activities+ 500 Merchant Wholesalers, Durable Goods + 400 Department Stores+ 400 Specialty Trade Contractors+ 200 Merchant Wholesalers, Nondurable Gds+ 200 Real Estate + 200 Food and Beverage Stores + 100 Broadcasting (except Internet)+ 100
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http://labor.ny.gov/stats/lon
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www.labor.ny.gov
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http://www.nyjobzone.org
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www.labor.ny.gov
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Long Island’s Economy & Labor Market: A Brief Overview Presented by: Mark J. Grossman Commissioner’s Long Island Regional Representative Prepared by: Michael Crowell Senior Economist
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