Podcast

#41 Employment and Establishment Growth by Borough

Data on jobs and establishments in New York City’s five boroughs for 2012 that recently became available from the Quarterly Census of Employment and Wages (QCEW) reveals solid growth in jobs and establishments over the last decade in all five boroughs.

From 2000 to 2012, the number of private establishments in NYC increased by 17.7 percent while employment levels rose 5.3 percent. The resulting decline in the average number of employees per establishment (13.1 in 2012 versus 14.6 in 2000) illustrates the important role of small businesses in the NYC economy.