Industries with the highest employment in New York City - Newark
Industries with the highest employment in New York
The COVID-19 pandemic radically altered the U.S. economy, with unemployment peaking at , according to the U.S. Bureau of Labor Statistics (BLS). While jobs have been gaining since, millions of out-of-work Americans are still searching for jobs.
Before COVID-19 gutted the economy, the United States' economic landscape was , with health care, computer systems design, and scientific industries leading a push for more employment. On the flip side, industries like wired telecommunications, postal service, and textile production are showing a rapid decline. With the development of newer and more advanced technologies every day, the job landscape is shifting and so are the pay demands and prerequisite skills. There is a strong correlation between advanced education and a higher salary鈥攚orkers with higher education levels have higher wages and lower unemployment rates. Of course, it should be noted that obstacles remain for universal access to quality higher education.
compiled a list of industries with the highest employment in New York-Newark-Jersey City, NY-NJ-PA Metro Area using data from . Industries are ranked by number of employees as of 2019.
Keep reading to see which industries in New York are the surest bets for employment.
#19. Mining, quarrying, and oil and gas extraction
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 2,990 (0.0% of total employment)
- Change in employment from 2010 to 2019: +55.5%
National
- Employed: 799,011
- Percent of total employment: 0.5%
- #19 most common industry nationwide
#18. Management of companies and enterprises
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 15,298 (0.2% of total employment)
- Change in employment from 2010 to 2019: +135.5%
National
- Employed: 232,031
- Percent of total employment: 0.1%
- #20 most common industry nationwide
#17. Utilities
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 54,975 (0.6% of total employment)
- Change in employment from 2010 to 2019: +11.8%
National
- Employed: 1,272,369
- Percent of total employment: 0.8%
- #18 most common industry nationwide
#16. Real estate and rental and leasing
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 237,913 (2.5% of total employment)
- Change in employment from 2010 to 2019: +8.8%
National
- Employed: 3,034,330
- Percent of total employment: 1.9%
- #15 most common industry nationwide
#15. Arts, entertainment, and recreation
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 247,542 (2.6% of total employment)
- Change in employment from 2010 to 2019: +28.7%
National
- Employed: 3,532,697
- Percent of total employment: 2.2%
- #14 most common industry nationwide
#14. Wholesale trade
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 257,261 (2.7% of total employment)
- Change in employment from 2010 to 2019: -4.2%
National
- Employed: 4,013,368
- Percent of total employment: 2.5%
- #13 most common industry nationwide
#13. Information
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 307,124 (3.2% of total employment)
- Change in employment from 2010 to 2019: +2.7%
National
- Employed: 2,959,616
- Percent of total employment: 1.9%
- #16 most common industry nationwide
#12. Public administration
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 383,785 (4.0% of total employment)
- Change in employment from 2010 to 2019: +0.7%
National
- Employed: 7,140,292
- Percent of total employment: 4.5%
- #11 most common industry nationwide
#11. Administrative and support and waste management services
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 384,709 (4.0% of total employment)
- Change in employment from 2010 to 2019: +10.4%
National
- Employed: 6,766,918
- Percent of total employment: 4.3%
- #12 most common industry nationwide
#10. Other services, except public administration
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 428,924 (4.4% of total employment)
- Change in employment from 2010 to 2019: -6.4%
National
- Employed: 7,584,054
- Percent of total employment: 4.8%
- #9 most common industry nationwide
#9. Manufacturing
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 514,399 (5.3% of total employment)
- Change in employment from 2010 to 2019: -7.5%
National
- Employed: 15,770,698
- Percent of total employment: 9.9%
- #3 most common industry nationwide
#8. Transportation and warehousing
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 570,305 (5.9% of total employment)
- Change in employment from 2010 to 2019: +26.1%
National
- Employed: 7,665,636
- Percent of total employment: 4.8%
- #8 most common industry nationwide
#7. Construction
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 584,269 (6.0% of total employment)
- Change in employment from 2010 to 2019: +18.0%
National
- Employed: 11,036,894
- Percent of total employment: 7.0%
- #7 most common industry nationwide
#6. Accommodation and food services
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 610,982 (6.3% of total employment)
- Change in employment from 2010 to 2019: +13.5%
National
- Employed: 11,801,878
- Percent of total employment: 7.4%
- #5 most common industry nationwide
#5. Finance and insurance
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 640,679 (6.6% of total employment)
- Change in employment from 2010 to 2019: +2.2%
National
- Employed: 7,263,440
- Percent of total employment: 4.6%
- #10 most common industry nationwide
#4. Retail trade
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 912,079 (9.4% of total employment)
- Change in employment from 2010 to 2019: +0.3%
National
- Employed: 17,216,634
- Percent of total employment: 10.8%
- #2 most common industry nationwide
#3. Professional, scientific, and technical services
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 935,497 (9.7% of total employment)
- Change in employment from 2010 to 2019: +26.5%
National
- Employed: 11,765,340
- Percent of total employment: 7.4%
- #6 most common industry nationwide
#2. Educational services
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 1,001,077 (10.3% of total employment)
- Change in employment from 2010 to 2019: +13.6%
National
- Employed: 14,839,461
- Percent of total employment: 9.3%
- #4 most common industry nationwide
#1. Health care and social assistance
New York-Newark-Jersey City, NY-NJ-PA Metro Area
- Employed: 1,579,040 (16.3% of total employment)
- Change in employment from 2010 to 2019: +17.5%
National
- Employed: 22,131,751
- Percent of total employment: 13.9%
- #1 most common industry nationwide