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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.

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Presentation on theme: "Long Island’s Economy & Labor Market: A Brief Overview Presented by: Mark J. Grossman Commissioner’s Long Island Regional Representative Labor Market Information."— Presentation transcript:

1 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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3 Peak in current downturn: 8.3% (Feb 2010) Mar ‘11: 7.1% Peak in 1992: 8.3%

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5 Mark Grossman begins job at the NYS Department of Labor

6 Long Island Region Labor Market Briefing May 2011

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9 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

10 http://labor.ny.gov/stats/lon

11 www.labor.ny.gov

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14 http://www.nyjobzone.org

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21 www.labor.ny.gov

22 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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