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While the U.S. manufacturing sector has contracted sharply since the early 1980s, employment in high-skill manufacturing occupations has risen by an impressive 37 percent. An investigation of the growth in high-skill manufacturing jobs reveals that virtually all of the nation's industries have...
Persistent link: https://www.econbiz.de/10012780140
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 quot;human capitalquot; will enable the metro area to meet the...
Persistent link: https://www.econbiz.de/10012780862
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...
Persistent link: https://www.econbiz.de/10012773286
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,...
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The securities industry is more important than ever to the New York City economy, and a protracted downturn in the industry's employment could seriously hurt the overall job picture. Increased stability in other New York City industries, however, could help soften the economic effects of such a...
Persistent link: https://www.econbiz.de/10012729836
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....
Persistent link: https://www.econbiz.de/10014062405
The New York-New Jersey region's hard-earned recovery in employment is being overshadowed by ongoing job losses in certain sectors and the prospect of moderating growth in the United States as a whole. Fortunately, several positive trends are bolstering the region's employment picture. Strength...
Persistent link: https://www.econbiz.de/10014225482
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...
Persistent link: https://www.econbiz.de/10014056893