Unemployment in the New York City - Essay Example

Comments (0) Cite this document
This essay describes the greatest challenge and threat currently observed in New York, one of the most prominent and promising cities of the world. As the threat of unemployment has been chronic in New York City’s socio-demography over past few years…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.7% of users find it useful
Unemployment in the New York City
Read TextPreview

Extract of sample "Unemployment in the New York City"

Unemployment in the New York Introduction United s of America, one of the largest seats of brewing dreams and nurturing future and nourishing fortune, is likely to face the greatest challenge and threat of unemployment in the coming years, causing an acute syndrome of jobless populaces. The most alarming evidence to the fact is currently observed in New York, one of the most prominent and promising cities of the world, which recorded the unemployment rate of 8.4 % in April 2013 (McGeehan, 2013). There are several reasons for the unemployment in the New York City. However, a light on the recent situation and the plunges taken by the federal government to boost up the employment level in the city shows a statistical record of 22,700 private sector jobs to have been created in the month of August 2013, which is the longest gain of monthly jobs since January 2013. Grounded on this record, it was meticulously claimed by Bohdan M. Wynnyk, who is Deputy Director of the Division Research and Statistics that New York, being one of the nine states, aimed to regain all its private jobs lost during the recession (New York State Department of Labor, 2013). But all these statistics and data do not change the inherent crisis of job in and around the New York City, indicating that the jobless youth and mass are so large in number that a considerable rise in the employment, even more than the national rise, could not revitalize the scenario. Overview The threat of unemployment has been chronic in New York City’s socio-demography over past few years. Correspondingly, the “NYC Jobs Blue Print” displays a statistical record advocating that almost 73,000 jobs remained unfulfilled in October 2013. On the contrary to this statistics, 80% of the New Yorkers have remained jobless over the span of a year. And in the past decades, as reports the Daily News, 100,000 middle waged jobs have been lost, while only 57% of the city’s work-age population is currently recorded as employed. Besides, this serious jobless situation is the threat of educated unemployed youth’s rising number in the city. In justification to this fact, a statistical review in the Daily News reveals that 12,643 college degrees were awarded to the pupils from science, technology, engineering and mathematics backgrounds in the year 2011, while in the fields of social sciences and humanities, a substantial proportion of 43,654 students gained the degree. All the data and statistics reportedly assure that the threat for unemployment in the city is potent and acute and there are myriad socio-economic reasons for this vacuum in the job scenario of the New York City (Hutchinson, 2013). Reasons for unemployment growth in New York Some of the major reasons of shrinking job opportunities in and around the New York City are correlated with the major fall in the hiring for manufacturing sectors. High wages in the tech based professions have also contributed to demotivated young employees to take many professional courses, which in turn has been creating a pressure on the tech based jobs, hiring very less people now-a-days. A pressure of the low waged IT labors and professionals from the third world nations are also limiting the scope of the local people in the most sorted and wanted sectors of the ITS and ITES. It is also noteworthy in this regard that the pressure of the immigration over the entire United States of America remains at a constant level or at times likely more in the case of the jobs and resurging vacancies in the New York City implying that governmental policy measures have been somewhat ineffective in dealing with the issue to the best possible extent (Hutchinson, 2013; McGeehan, 2013). Recommendations to solve the issue There are several ways through which the job vacancy and the unemployment threat currently persisting in the New York City can be mitigated. A true collaboration of the public and private sectors can bridge the differences well. On one hand, where government needs to think about creating vacancies in their payroll and restrain from only focusing upon providing unemployment benefits to the youth. The government should also focus on bringing more and more industries into the city to generate work vacancies. Inclusion of the manufacturing sector into the job scenario of New York City would also be quite effective and instrumental in boosting job vacancies in the city. Conclusion There is no doubt that the decreasing surge of job vacancies in entire United States is high. Yet, New York is one of the most important employment markets of the country as a centre of commerce in context to the global prospects. Evidently, effects of NSE or recession hitting the skylines of New York do affect the global job market and economy at a large extent. Therefore, a threat to the vacancies and job openings in the New York City is directly proportional to the trends of job openings across the world. References Hutchinson, B. (2013). Corporate partnership calls on de Blasio to oversee high-tech workforce development. Retrieved from McGeehan, P. (2013). New York City’s Unemployment Rate Dips Slightly. Retrieved from New York State Department of Labor. (2013). State’s Private Sector Job Count Grows by 22,700 in August 2013 to Historic Record High. Retrieved from Read More
Cite this document
  • APA
  • MLA
(“Unemployment in the New York City Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Unemployment in the New York City Essay Example | Topics and Well Written Essays - 750 words. Retrieved from
(Unemployment in the New York City Essay Example | Topics and Well Written Essays - 750 Words)
Unemployment in the New York City Essay Example | Topics and Well Written Essays - 750 Words.
“Unemployment in the New York City Essay Example | Topics and Well Written Essays - 750 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Unemployment in the New York City

Islam in New York City

...that mosques play in the daily lives of Muslims, it also revealed the crucial function of mosques as not only religious gathering places, but also places for information, political debate, socialization, education, and dispute settlement. In addition, the experience revealed just how many of my neighbors in New York City depend on the existence of this place for their social and religious lives. It gave me a new perspective on what exactly a mosque does for a particular community within the city and why more respect should be given to mosques in the United States, given the growing Muslim community. Works Cited ICCNY. Background. n.d. 19 May 2011...
4 Pages(1000 words)Essay

New York City

...New York [The of the will appear here] [The of the will appear here] [The of the ] Introduction New York City or the Big Apple is one of the most favorite cities of Americas because of the life that the country contains. Even after passing through various bad phases, the city continues to live on its ambition and enthusiasm. Millions of people come to America to see the Big Apple and to understand that reason behind its popularity. New York City is the center of the modern world in terms of all aspects of the modern world including art, fashion, technology, education...
8 Pages(2000 words)Essay

New York City

...from Dutch, the new town was named New York, and continued to deliver slaves from Africa and Caribbean. The slaves greatly contributed to the growth of colonial an independent New York by serving as domestic workers, shipping and doing artisan works. Areas bordering New York were a base for battles of the American Revolution war, including the largest battle of Brooklyn. In the 1820s, the New York government abolished slave trade. Beginning from the middle of nineteenth century, new immigrants from Europe began settling in the city to work in the...
6 Pages(1500 words)Essay

Central Park New York City

...Central Park New York Central Park is a recreational public facility and the first urbanlandscape park based in Manhattan, New York. Its establishment came up first in 1857 on a city-owned land of 843 acres, which translates to 3.41km2. Its design took more than ten years to build, and the city had to use ten million dollars in building it. The reason for the building of the park was that, the Americans tried to refute the claims from European states that they did not have sense of civic duty, and gratitude towards cultural views, but instead had misplaced priorities driven by individualistic egos in expense of the public interest. The...
8 Pages(2000 words)Essay

New york city

...Lecturer: New York New York is currently the largest in the United s with a population of over 7 million people. The City that is within New York State is also America’s financial hub as majorities of the major businesses in America are headquartered in the city. New York was one of the first states to be recognized as United States territory and the city itself was the capital city of the United States until Washington was later chosen as the capital. As shown below New York is an important part of the...
5 Pages(1250 words)Research Paper

New York City in 1854

...HERE New York in 1854 Dear John, October 24, 1854 What a I just arrived to New York this morning; you cannot imagine the traffic and the people bustling all over the streets. I will be staying at Bixby's Hotel here in the heart of the city, on Broadway. It will cost me .50 cents a night, but that is rather affordable since breakfast is not included. I have already done some window-shopping here on Broadway, the place is covered with fashion; Tiffany & Company, Brooks Brothers, etc Fancy chandeliers, jewelry, and hand-painted china decorate the windows. Next to the hotel is the W & J Sloan Warehouse. I will be sure to take a look at their carpets, as...
2 Pages(500 words)Term Paper

The Homeless Policy in New York City

..."On the Homeless Policy in New York" The homeless policy of New York has long been a critical talking point within the context of the s social and economic development. The current level of homelessness and the steps taken to alleviate the problem provide an accurate and succinct gauge of the city's overall well-being. The pertinent question is whether or not the policies enacted for the homeless are comparable, if not better than those implemented in other major cities such as Los Angeles. Is New York up to speed with its counterpart from the West Coast Are there any congruencies or parallelisms between the two which hold pertinence for the city in terms of process control and improvement The current state of the homeless policy... ...
11 Pages(2750 words)Essay

History of New York City

...Draft riots and Steinway & Son The draft riots that broke out in July, in 1863 during the American Civil War, continued over five days in New York City. The riots were a direct attack against the Federal Conscriptions Act, passed in 1863, which proposed for a national draft by lottery. Attempts at volunteer enlistment also suffered a serious blow. The draft intended at enlisting men to fight in the American Civil War (1861-1865). A provision of the draft maintained that, anyone who paid an amount of $ 300 and provided a substitute would be exempted from enrolment in the military service. As a result, the poor had to bear the brunt of the situation and it was enough for arousing...
5 Pages(1250 words)Essay

New york city elected directly by the voters of New York City. He then appoints Deputy Mayors over departments such as Education, Legal Affairs, Health and Human Services and Operations. Other offices, such as the Police Commissioner are a part of the Operations committee, but report directly to the Mayor. A Look into the Future New York City has a bright future due to the robust and diverse cultures and economy of the city. It is true that the current economic downturn has hit New York City especially hard because musch of their economy was tied to financial services. Still,...
6 Pages(1500 words)Research Paper

Aids in New York City

... Acquired immune deficiency syndrome is a disease that affects the human immune system. Once one acquiring this syndrome, he or she becomes more susceptible to infection like tuberculosis and many other opportunistic infections not leaving behind tumors. Therefore, the whole stature of the body’s defense against infections is highly affected leaving a human body that cannot prevent infections. However, with the advent of antiretroviral therapy, there have been great strides made towards ensuring that people live a normal live devoid of opportunistic infections. New York City make is among the largest cities in the United States with representation of different kinds of...
4 Pages(1000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Unemployment in the New York City for FREE!

Contact Us