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Regional Economy
Regional Employment Forecast
Employment forecasts are based on an analysis of trends in the region's major industry sectors and in the national economy.
September 2007
Growth in Payroll Employment
Geographical
Area
Actual
2003-2004
Actual
2004-2005
ACTUAL
2005-2006
Forecast
2006-2007
New Jersey
0.5%
1.0%
0.9%
0.7%
New York State
0.7%
0.9%
0.9%
0.9%
New York City
0.5%
1.5%
1.7%
1.5%
Note: These figures represent percent changes in the calendar (full) year average, from one year to the next.
For more information, see:
Job Growth in New York and New Jersey: Mid-2007 Review and Outlook
By Jason Bram, James Orr, and Rae Rosen, Current Issues in Economics and Finance Second District Highlights 13 (7), Aug 2007
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