Many of you have referenced these statistics, directly or indirectly, at one point or another, but I thought it might be worthwhile to provide a wholesale view of April's net gains and losses. The first column is a comparison between April & March '10 and the second is between April '09 & '10. Keep in mind that at the same time last year most of these industries were shrinking by margins similar, if slightly smaller, than the gains shown here. I am not a labor economist, but I will venture to say that this paints a generally positive picture. What I really like about it though, is that it illustrates how what appear to be drops in a bucket (100 jobs here, 300 there) can sum up to be something significant. If the May numbers are similar, which they may not be given the latest unemployment stats, then by the end of the summer we could see the city finally starting to make a dent in the jobs lost during the financial crisis. These are the MSA numbers I believe.
Change Over-the-Month Employment Industry Change ( 6,100) 0.8%
Leisure & Hospitality 2,800 3.3%
Professional & Business Services 2,100 1.7%
Government 1,000 0.8%
Financial Activities 700 1.0%
Manufacturing 600 0.9%
Other Services 300 1.0%
Trade, Transp. & Utilities 100 0.1%
Information -100 -0.5%
Education & Health Services -1,100 -1.3%
Change Over-the-Year Employment Change
Industry Change (-7,000) -0.9%
Government 2,400 2.0%
Education & Health Services 1,500 1.9%
Trade, Transp. & Utilities 1,500 0.9%
Total Employment 807,700 Leisure & Hospitality 1,300 1.5%
Professional & Business Services 1,300 1.0%
Other Services -200 -0.6%
Information -500 -2.3%
Financial Activities -2,800 -3.9%
Mining, Logging & Construction -300 -0.9%
Manufacturing -3,400 -4.9%
Mining, Logging & Construction -8,100 -18.8
Unemployment 11.1%
Edit (I apologize if the font is a little odd. Forgive me it's my first post)