New York City. A Step Ahead.

Leading the Way in Job Creation.

Of all the cities in the US, New York City is leading the way in job creation.

Through NYCEDC’s various projects, programs and initiatives, we’re helping create jobs throughout the five boroughs. From development and construction to affordable incubator spaces that nurture startups, from various types of funding to training programs, competitions, and neighborhood improvements, find out what we’re doing to help nurture businesses that create new jobs and fuel our economy.

Job Creation by Industry

Fashion

  • New York City’s fashion industry employs 173,000 people, accounting for 5.7% of the City’s workforce and generating nearly $10 billion in total wages with tax revenues of $1.7 billion (source: US Department of Labor).
  • Given that proximity to factories is critical for designers, NYC remains a robust fashion manufacturing center. Fashion manufacturing represents 31% of all manufacturing jobs in NYC (source: Fashion.NYC.2020 Report).
  • Design Entrepreneurs NYC: Free, intensive "mini-MBA" program that equips select fashion designers with the skills they need to successfully run a fashion label.
  • Fashion Campus NYC: Free education and networking program to help interested university-level interns jump-start their careers on the business side of NYC's fashion industry.
  • Fashion Draft NYC: Talent recruitment program that aims to connect business-minded college seniors with management-track positions at some of NYC's top fashion firms.
  • CFDA Fashion Incubator: Operated by CFDA, the incubator offers low-cost studio space for up to 12 emerging fashion designers. 
  • Learn more about Fashion.NYC.2020 to see how NYCEDC is ensuring New York City's position as the global leader in fashion.

Construction

Medical

  • The New York metropolitan area has the largest scientific and healthcare workforce in the country, which accounts for 427,300 jobs. (source: US Department of Labor)
  • Learn more about the emerging NYC bioscience cluster, including our latest portfolio of initiatives designed to help start and grow businesses in the life science and healthcare technology sectors.
  • Early-Stage LIfe Science Funding Initiative: A $100m funding initiative in partnership with Celgene, GE Ventures, and Eli Lilly to launch 15 to 20 breakthrough ventures by 2020.
  • SBIR Impact NYC: Offers introductory workshops and webinars to life sciences and healthcare technology companies in New York City to help them access funding and grants from the National Institute of Health (NIH) and Department of Defense (DoD). This program also offers 20 hours of one-on-one SBIR/STTR application assistance to competitively-selected companies.
  • Entrepreneurship Lab (E-Lab) for Bio & Health Tech: Provides aspiring entrepreneurs with a mini-MBA curriculum, expert coaching, pitch preparation support, and access to a community of seasoned entrepreneurs, investors and mentors.
  • Pilot Health Tech NYC: provides $1 million in funding to 10 or more innovative, healthcare technology pilot projects that take place in partnership with healthcare providers and other organizations in NYC.
  • Harlem Biospace: A new biotech incubator launched in 2013, the first of its kind in New York City, to offer affordable shared wet lab space for up to 24 competitively-selected early-stage companies.
  • View the latest Bioscience Bulletin newsletter or sign up to receive the Bioscience Bulletin delivered directly to your inbox.

Tech

  • The tech hub in NYC is growing rapidly. In the last five years, information technology jobs in the City have increased by 28.7 percent. (source: Center for an Urban Future, New Tech City)
  • General Assembly, Hive at 55, DUMBO Incubator: Workspaces for technology startups, media freelancers, and the Brooklyn digital/tech community. 
  • NYC BigApps Competition: Annual competition for individuals or companies to develop online mobile applications that utilize official City datasets. 
  • NYC Media Lab: Partnership to encourage collaboration between academic institutions undertaking research and companies looking to advance new media technologies.
  • Applied Sciences: Groundbreaking citywide initiative to build engineering campuses to dramatically increase NYC's capacity in the applied sciences to maintain our global competitiveness.
  • Learn more about Media.NYC.2020: The City's suite of initiatives aimed at strengthening and growing the media and technology sectors in New York City. 
  • Read the Media.NYC.2020 Report to see how NYCEDC is ensuring New York City's position as the global leader in media and tech.

Higher Education

  • The higher education industry employs over 120,000 people and makes up 4.1% of the City's workforce. (source: Industry Snapshot Profiles)
  • Build NYC: Facilitates access to tax-exempt bond financing for not-for-profit organizations, including educational institutions.
  • Applied Sciences: Cornell/Technion will build a world-class applied sciences and engineering campus on Roosevelt Island, and NYU will lead a consortium to create the Center for Urban Science and Progress in Downtown Brooklyn. 
  • Read the Edutech.NYC.2020 Report to see how NYCEDC is implementing initiatives to support this emerging industry sector that applies innovative technology to deliver learner-centric, personalized educational methods.

See what we're doing to create jobs in additional industries as well.

Campaign Signage Locations

Check out our campaign posters around the City at NYCEDC property and project locations.

View Leading the Way in Job Creation Campaign Signage Locations in a larger map. See a slideshow of our posters at NYCEDC property and project locations.

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