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Get an overview of Long Island's economy and labor market trends, featuring insights from Commissioner Mark J. Grossman and Senior Economist Michael Crowell. Discover the growing industries and employment statistics for Long Island.
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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
Peak in 1992: 8.3% Peak in current downturn: 8.3% (Feb 2010) Mar ‘11: 7.1%
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
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