Staten Island has made headlines as one of the key players in the employment growth landscape over the past year, ranking as the borough with the most significant employment increase.
According to recent data from the U.S. Bureau of Labor Statistics, Kings County, which encompasses Brooklyn, topped the national charts with an impressive year-over-year employment growth of 5.3% from December 2023 to December 2024.
Moreover, Brooklyn’s average weekly wage also saw a rise of 2.1%, positioning it at $1,188. However, this wage remains the lowest among all New York City boroughs, falling short by more than $100 per week compared to its peers.
Queens followed closely behind, showcasing the eighth-highest employment growth in the country at 2.7%. The average weekly wage in Queens experienced a moderate increase of 1.8%, reaching $1,328, which is the second-lowest labor compensation in the city, surpassed only by Brooklyn.
The Bronx also reported a commendable employment growth of 1.8%, placing it 35th among all U.S. counties. Its average weekly wage increased substantially by 3.2%, now standing at $1,390, the second highest in the city.
While Staten Island’s employment growth was recorded at 1.5%, ranking it 55th nationally, the average weekly wage on the island reached $1,383. However, specific annual wage growth figures for Staten Island were not disclosed due to the data not meeting the Bureau of Labor Statistics’ disclosure standards.
In contrast to the other boroughs, Manhattan’s employment figures grew by only 0.8%, coinciding with the national average. However, the average weekly wage in Manhattan soared to $3,256, which is by far the highest among the boroughs and reflects a considerable increase of 7.5% over the past year.
Looking broader at the average weekly wages across New York, Staten Island is notably positioned 12th out of 62 counties, outpacing 50 others with its weekly wage of $1,383.
Manhattan’s wages reign supreme at $3,256, significantly higher than those in Westchester County, where the average stands at $1,833.
Albany, Suffolk, and Nassau counties complete the top five counties with average weekly wages of $1,655, $1,608, and $1,569, respectively.
The vast disparity in average wages throughout the state highlights economic inequality, with figures ranging from a low of $1,002 in Herkimer County to the staggering $3,256 in Manhattan.
Overall, among all 62 counties in New York, 13 reported average weekly wages below $1,100, 13 had wages between $1,100 and $1,199, 17 counties had wages from $1,200 to $1,299, 10 had wages from $1,300 to $1,399, and nine counties boasted an average wage of $1,400 or higher.
Below is a summary of average weekly wages for some counties in New York for the fourth quarter of 2024:
– Albany County: $1,655
– Bronx County: $1,390
– Kings County (Brooklyn): $1,188
– Queens County: $1,328
– Richmond County (Staten Island): $1,383
– New York County (Manhattan): $3,256
The continuous growth in employment across New York City’s boroughs exemplifies a resilient economy, with varying degrees of wage growth that underline the need for attention to wage disparities.
This data presents a comprehensive snapshot of the changing employment landscape within the city, emphasizing both growth and the challenges that lie ahead in achieving wage equality.
image source from:silive