Major industrial and government restructurings have dominated employment reports in the New York-New Jersey region, leading to widespread pessimism about the region's job prospects. Nevertheless, for the past several years, the two states have managed to achieve modest job gains. In 1997,...

Employment growth in the New York-New Jersey region in 2000 is expected to reach 1.8 percent, or 290,000 new jobs--continuing a seven-year expansion trend. However, some moderation in the growth in the national economy over the second half of 2000 may slow the region's job growth and prevent it...

Although New York City's payroll employment is rising briskly, it still falls short of its 2001 peak, raising concerns that the local economy is not generating enough jobs. However, a look at a broader set of economic indicators-alternative job measures, wage and salary earnings, and a composite...

Employment growth in the New York-New Jersey region in 1998 is likely to match the previous year's pace of 1.7 percent, or 200,000 new jobs. Growth will continue in 1999, but it will slow modestly, to about 1.2 percent, or 145,000 new jobs.

The author analyzes the industrial restructuring process in the New York metropolitan area in the first half of the 1990s. To measure the extent of restructuring, he reviews estimates of permanent job losses of metropolitan workers, mass layoff announcements in the region, and net job changes by...

In addition to exacting a tremendous human toll, the September 11 attack on the World Trade Center caused billions of dollars in property damage and a temporary contraction in New York City's economy. This article explores the effect of these events on the longer run economic prospects for the...

The authors develop indexes of leading economic indicators for New York State and New Jersey over the 1972-99 period. They find that the leading indexes convey useful information about the future course of economic activity in both states. The authors then construct separate indexes to forecast...

The attack on the World Trade Center had an enormous financial, as well as emotional, impact on New York City. This article measures the short-term economic effects on the city's labor force and capital stock through June 2002, the end of the recovery process at the World Trade Center site....

An analysis of upstate New York's foreign-born residents suggests that they contribute to the region's human capital in important ways. This population boasts a greater concentration of college graduates than either the region's native-born population or immigrants downstate. While some...

The skilled and well-educated workforce of the New York metropolitan area has played a large role in enabling the region to withstand adverse economic shocks and adapt successfully to a services economy. A further expansion of this "human capital" will enable the metro area to meet the...