New York has become a hot buyer’s market for job seekers


By Virginia Backaitis

If you woke up on New Year’s Day resolving that this will be the year you finally quit complaining about your job and get a new one, your timing is perfect. While the unemployment rate hovers near all-time lows nationwide, jobs in the Big Apple are being created at a faster clip than almost anywhere in the US.

“Overall, job growth in New York City is tremendous,” says Raleen Gagnon, managing director of global market intelligence at ManpowerGroup Solutions, one of the largest recruitment firms in the world.

Why the boom? New York City is now the birthplace of more than 7,000 new startups, it houses some of the world’s largest finance, fashion, entertainment and technology employers and is a mecca for tourists who eat, sleep, shop and consume here. And, as the nation’s largest city, it has a budget of more than $89 billion, much of which will be paid out to city workers.

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