1996 Job Outlook: The New York-New Jersey Region - FEDERAL RESERVE BANK of NEW YORK

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Current Issues in Economics and Finance

1996 Job Outlook: The New York-New Jersey Region

April 1996 Volume 2 Number 5

JEL classification: R1, J00

Authors: James Orr and Rae D. Rosen

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 in the services sector, a falloff in restructuring, and gains in income point to continuing—though modest—regional job growth in 1996.

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6 pages / 74 kb

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