New York: Why It’s “Working”

New Yorkers are currently facing a strong job market.  According to a recent Fed report published by the Center for Microeconomic Data, lower income workers are increasingly meeting with the opportunity to leave their current positions as better jobs are coming up.  This rate is higher than it has been in five years.

In addition, CareerBuilder Chief People Officer Michelle Armer believes this trend is “unsurprising” given the current job climate and opportunities that exist.  Further, she refers to a study that predicted an increase of 3.1 million low-wage jobs from now until 2023, giving individuals the ability to look around and not necessarily accept the first job offer that comes their way.  As well as wages, there are benefits and other perks that could sway one to take a different job.

In New York itself, employment in the clean energy sector is booming. According to a recently report from the New York State Energy Research and Development Authority, 77 percent of all clean energy employment in the region is in energy efficiency.  Clean energy as an employment sector is very strong – in all its capacities – throughout the entire area.