How is the job market in NYC right now?

The unemployment rate has plummeted to 4.2 percent, close to where it stood before the pandemic. But in New York City, the economy appears to be in a rut. After gaining 350,000 jobs in the last months of 2020, employment has slowed considerably this year, with just 187,000 jobs added since March.

Does NYC have a good job market?

The national unemployment rate is 4.2%, data shows. New York City ranked a dismal 164 in WalletHub’s list of the best cities to find a job.

Does NYC have a lot of job opportunities?

Pro: Lots of Opportunities Over one million businesses exist in this city, with new ones cropping up constantly. Between remote work facilities and skyscrapers, there’s no shortage of places for businesses to expand as they grow and hire more people. This means that there are plenty of options to consider.

How much unemployment will I get NYC?

The New York State Department of Labor (NYSDOL) determines your weekly unemployment benefit amount by dividing your earnings for the highest paid quarter of the base period by 26, up to a maximum of $504 per week.

Why is unemployment so high in NYC?

The labor market is so strong that millions of workers are leaving their jobs in what’s been nicknamed the Great Resignation. Not so in New York. Bank earnings and real estate prices have soared but offices in Midtown Manhattan and the Financial District remain under-occupied as employees opt to work from home.

Does New York have good job opportunities?

Off the 150 cities analyzed, New York City ranked 122 for job opportunities. It ranked even lower for median starting salary and median annual income: 147 for both. As Brick Underground notes, “the average starting salary in NYC is significantly higher than the nationwide average.

What is good money in NYC?

A good salary in New York, NY is anything over $54,000. That’s because the median income in New York is $54,000, which means if you earn more than that you’re earning more than 50% of the people living in New York. The average salary in New York is $64,741. A good hourly wage in New York is $25.96 per hour.

What is the highest paying job in NY State?

Detailed List Of Highest Paying Jobs In New York

Rank Job Title # Of People
1 Cardiologists 3,800
2 Anesthesiologists 4,380
3 Emergency Medicine Physicians 4,380
4 Pediatric Surgeons 150

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