Economic Growth Reported for Queens


    This past Friday, State Controller Thomas DiNapoli announced that Queens strongly rebounded from the recession and Hurricane Sandy, with the borough showing impressive job growth in the private sector. New York Daily News reports that last year Queens boasted 486,160 private sector jobs and came in just behind Manhattan in terms of employment. The majority of jobs in Queens relate to the health care and social assistance sectors, but Kaufman-Astoria and Silvercup Studios, JFK and LaGuardia contribute to the jobs boost. Long Island City is the neighborhood with the most signs of growth, considering the hotel and residential boom happening there. And although neighborhoods like the Rockaways still struggle with unemployment, the percentage is lower in Queens than in Manhattan — 8.3 percent opposed to 9.2 percent.

    State Controller says Queens has Bounced Back from Recession [NY Daily News]

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