Insights from the NYS Department of Labor

| August 24, 2016

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In my last post I shared some broad insights on the New York City job market for the balance of 2016 and beyond that were shared by Jim Brown of the NYS Department of Labor. Here are some of his specific insights and suggestions. So where is all this job growth he said NYC was experiencing? The two sectors demonstrating the strongest growth, and the strongest potential to keep growing, are healthcare and academia. So you’re thinking, “That’s great. I’m not a doctor or a professor.” You don’t have to be. Universities and hospital systems are big businesses! They need every function that any other big business needs: IT, marketing, purchasing, accounting, professional services and facilities staff. And when I say facilities, I don’t mean janitors. Mr. Brown clarified that most of those kinds of jobs, security, maintenance and cafeteria have been jobbed out to contractors. And those contracts are bid out every couple of years so he said that if you’re a professional services or property management expert there are organizations that may be looking for what you have to offer even if it’s an industry with which you’ve had little contact. Real estate is big business in NYC (as every real New Yorker knows!) and property management is a field that will call on all your management, budgeting and resource coordination skills.

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