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New York City Job Market Report

New York City Job Market Report

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 Discover the pulse of employment opportunities with the "New York City Job Market Report," your ultimate guide to navigating the dynamic job landscape of NYC. Tune in every week as we discuss recent trends, industry insights, and expert analysis to help job seekers and hiring managers stay ahead of the curve. Whether you're an aspiring professional or an established industry leader, our comprehensive coverage of the Big Apple's employment scene will keep you informed and empowered. Don't miss out on the latest job openings, salary reports, and career advice tailored specifically for New York City's competitive market. Subscribe now to stay updated and make your next career move count!

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  • New York City's Stalled Job Growth and Shifting Employment Dynamics

    New York City's Stalled Job Growth and Shifting Employment Dynamics
    Jan 23 2026
    # Report on New York City Job Market

    New York City's labor market reflects broader national trends of stalled job creation and shifting employment dynamics. According to recent analysis from LinkedIn, the city's unemployment rate matched the national rate of 4.5 percent in November, indicating a relatively stable but fragile employment environment. However, this headline figure masks significant underlying weaknesses in job growth and wage pressures affecting households across income levels.

    Job creation has sputtered dramatically since the first quarter of 2025, with employers nationwide adding just 28,000 jobs monthly since March. Most positions being added concentrate in healthcare and social assistance sectors, while manufacturing and goods-producing industries have shed jobs or remain stalled. This pattern affects New York City directly, as the healthcare sector emerges as a safe harbor for employment growth while traditional industries face headwinds from tariff policies and reduced consumer demand.

    The fastest-growing job categories in New York City reflect a pronounced shift toward technology and strategic advisory roles. According to LinkedIn's analysis of three years of user data, AI engineers rank as the number one fastest-growing position in the city, mirroring national trends. AI consultants and strategists hold the second-place position, signaling that companies increasingly need workers whose expertise extends beyond purely technical skills. These roles typically attract candidates transitioning from software engineering and data science backgrounds.

    Lower and middle-income households in New York City face mounting financial stress. Consumer spending that represents 70 percent of economic activity increasingly concentrates among high-income earners, while lower-income consumers cut back substantially. Personal savings rates have declined throughout 2025, falling to 3.5 percent in November compared to 5.5 percent in April. Credit card debt has risen, with nearly half of American consumers carrying balances and 61 percent maintaining that debt for at least a year.

    Inflation continues affecting affordability at 2.8 percent, above the Federal Reserve's 2 percent target. Despite this cooling from pandemic highs, prices remain 25 percent above pre-pandemic levels, compressing household budgets further when combined with weak wage growth.

    Current significant job openings in New York City include AI engineer positions across major technology companies, healthcare roles in nursing and medical support, and strategic consultant positions in management and business consulting firms.

    Thank you for tuning in today. Be sure to subscribe for more economic analysis and market insights. This has been a Quiet Please production. For more, check out quietplease dot ai.

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    3 Min.
  • New York Job Market Softens Amid National Slowdown: Skilled Roles in Tech and Health Remain Resilient

    New York Job Market Softens Amid National Slowdown: Skilled Roles in Tech and Health Remain Resilient
    Jan 19 2026
    New York City's job market in early 2026 shows signs of softening amid national slowdowns, with private-sector employment reaching 8.49 million jobs as of November 2025 according to the New York State Department of Labor, though the unemployment rate climbed to 5.5 percent in the city, up from 5.1 percent. The employment landscape remains resilient in services but faces headwinds from inflation, tariffs, and AI disruptions, as workers grow cautious with only 43 percent planning job searches per Monster's 2026 WorkWatch Report. Key statistics include a statewide private-sector gain of 18,000 jobs in November and 83,700 over the year, outpacing national growth, yet unemployed New Yorkers rose to 450,700. Trends point to a low-hire, low-fire environment, with national unemployment at 4.6 percent in November per federal data and layoffs surging in the Northeast per Challenger, Gray & Christmas; AI fears threaten roles like customer service and writers according to Microsoft research. Major industries include finance, tech, healthcare, and hospitality, with top employers like JPMorgan Chase, Google, and Mount Sinai driving stability. Growing sectors encompass healthcare, biopharma, and data centers, drawing from nearby New Jersey outlooks in NJBIZ. Recent developments feature selective hiring amid CEO plans to trim headcount per Yale School of Management surveys, while side hustles rise with 32 percent of workers engaged per Monster. Seasonal patterns show holiday boosts fading into winter caution, and commuting trends shift toward hybrid models post-mandates. Government initiatives are limited in data, with gaps on city-specific programs amid federal shutdowns delaying October figures. The market evolves toward AI-reskilling, with productivity gains cutting hiring needs per JOLTS data dropping to 35,000 jobs monthly nationally.

    Key findings: Steady but weakening demand favors skilled workers in health and tech, with unemployment ticking up and confidence low.

    Current openings: Software Engineer at Google (NYC), Registered Nurse at NewYork-Presbyterian, Financial Analyst at Citigroup.

    Thank you listeners for tuning in, and remember to subscribe. This has been a Quiet Please production, for more check out quietplease.ai.

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    3 Min.
  • New York's Measured Job Market Amid National Stagnation - Hiring Lags, Healthcare & Trades Resilient

    New York's Measured Job Market Amid National Stagnation - Hiring Lags, Healthcare & Trades Resilient
    Jan 16 2026
    New York Citys job market in early 2026 reflects a national landscape of sluggish hiring amid low layoffs, with the U.S. unemployment rate at 4.4 percent per the Labor Departments December 2025 report, while local indicators like the New York Federal Reserves Empire State Manufacturing Index show employment at 4.4 points in August 2025, signaling modest stability. The employment landscape features weak nonfarm payroll growth averaging 49,000 jobs monthly in 2025 according to the Bureau of Labor Statistics, down sharply from prior years due to slowed immigration and AI-driven caution, though jobless claims fell to 198,000 nationally for the week ended January 10 as reported by the Labor Department. Key statistics include a prime-age employment-population ratio near 80.6 percent in late 2025 per the Peterson Institute for International Economics, with New York college graduate unemployment at 4.9 percent in June 2025 from Federal Reserve Bank of New York data; long-term unemployment rose to 23.6 percent of jobless workers per Bureau of Labor Statistics September figures, a data gap exists for precise NYC breakdowns post-2025. Trends point to a low-hire low-fire dynamic, with hires at historic lows since 2012 according to PIIE, hurting young entrants, while time-to-fill jobs averaged 63.5 days in 2025 per Employ. Major industries include finance and insurance with 245,000 openings nationally in November per Jacobson Online, healthcare as the top engine per Monsters 2026 Outlook, and manufacturing rebounding via Empire State Index at 7.7 in January. Growing sectors encompass healthcare, skilled trades, infrastructure, and data centers facing labor shortages as noted by Construction Dive. Recent developments feature resilient jobless claims and manufacturing snapback per ConnectMoney, alongside AI curbing white-collar roles. Seasonal patterns show less strain than usual in January claims. Commuting trends lean toward flexibility with temp worker upticks in the Feds Beige Book. Government initiatives are limited in data, though immigration policies slowed workforce growth per PIIE. Market evolution diverges toward essential skills over automation-vulnerable jobs per Monster. Key findings highlight resilience in healthcare and trades amid overall stagnation, with low firing but hiring challenges persisting. Current openings include registered nurse at NewYork-Presbyterian, construction project manager at Turner Construction, and software engineer at JPMorgan Chase. Thank you for tuning in, listeners, and please subscribe. This has been a Quiet Please production, for more check out quietplease.ai.

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    3 Min.
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