Gentrification Watch-East New York to Canarsie? (Bedford, Greene: transplants, 2013, employment)
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Brooklyn has got a long long way to go before it rivals Manhattan on the jobs front. Heck, it hasn't even distanced itself much from Queens in regards to job creation.
..And now the actual stats about job creation in the city:
Private sector jobs:
1982 Manhattan - 66% of all NYC jobs
2000 Manhattan - 63% of all NYC jobs
2012 Manhattan - 60.5% of all NYC jobs
Private sector job creation between 2002-2012:
Brooklyn + 19%
The Bronx + 13%
Queens + 10%
Manhattan + 9%
Staten Island + 7%
And just for you, Brooklyn vs Queens job creation:
Brooklyn + 79,000 private sector jobs
Queens + 46,300 private sector jobs
I didn't say Brooklyn is equal to Manhattan in any shape or form...just yet. But we are getting there. Like i said in another 20 to 50 years. Brooklyn will be Manhattans equal and then it will be a choice between where people want to settle down at-Brooklyn or Manhattan.
..And now the actual stats about job creation in the city:
Private sector jobs:
1982 Manhattan - 66% of all NYC jobs
2000 Manhattan - 63% of all NYC jobs
2012 Manhattan - 60.5% of all NYC jobs
Private sector job creation between 2002-2012:
Brooklyn + 19%
The Bronx + 13%
Queens + 10%
Manhattan + 9%
Staten Island + 7%
And just for you, Brooklyn vs Queens job creation:
Brooklyn + 79,000 private sector jobs
Queens + 46,300 private sector jobs
Exactly as your stats depict, Brooklyn is still a long ways from being anything close to what Manhattan has become. Brooklyn is still much more like Queens and the Bronx than that of Manhattan.
Hey stat-boy, got any figures on poverty or crime rates?
..And now the actual stats about job creation in the city:
Private sector jobs:
1982 Manhattan - 66% of all NYC jobs
2000 Manhattan - 63% of all NYC jobs
2012 Manhattan - 60.5% of all NYC jobs
Private sector job creation between 2002-2012:
Brooklyn + 19%
The Bronx + 13%
Queens + 10%
Manhattan + 9%
Staten Island + 7%
And just for you, Brooklyn vs Queens job creation:
Brooklyn + 79,000 private sector jobs
Queens + 46,300 private sector jobs
Brooklyn does not necessarily need explosive growth in jobs. Just look at any Sunday NYT real estate piece or whatever and you'll see large numbers of new arrivals and established residents work in Manhattan. That number increases when you narrow things down to highly compensated employees/wealthy individuals.
I'd say a majority of those living or seeking to "Brownstone Brooklyn" make their money outside of the borough.
Exactly as your stats depict, Brooklyn is still a long ways from being anything close to what Manhattan has become.
And who said otherwise?
Quote:
Originally Posted by BugsyPal
Brooklyn does not necessarily need explosive growth in jobs. Just look at any Sunday NYT real estate piece or whatever and you'll see large numbers of new arrivals and established residents work in Manhattan. That number increases when you narrow things down to highly compensated employees/wealthy individuals.
The gap between Manhattan employment vs Brooklyn has been steadily decreasing, since Brooklyn has had double Manhattan job growth for over a decade now. Brooklyn has been the fastest growing borough in terms of population growth, new construction, and job growth. It will take roughly 40+ years for Brooklyn to equal Manhattan in jobs (if ever), but make no mistake, this is the smallest gap between the boroughs since 1870 or something. Certainly nobody alive today saw anything close to the current numbers, ever.
The gap between Manhattan employment vs Brooklyn has been steadily decreasing, since Brooklyn has had double Manhattan job growth for over a decade now. Brooklyn has been the fastest growing borough in terms of population growth, new construction, and job growth. It will take roughly 40+ years for Brooklyn to equal Manhattan in jobs (if ever), but make no mistake, this is the smallest gap between the boroughs since 1870 or something. Certainly nobody alive today saw anything close to the current numbers, ever.
There is employment and there is *EMPLOYMENT*. To pay the kind or money some persons are in rent or for owing it is going to take much more than $50k per year.
There is employment and there is *EMPLOYMENT*. To pay the kind or money some persons are in rent or for owing it is going to take much more than $50k per year.
The number of jobs providing EMPLOYMENT is also rising in Brooklyn, at a faster rate than any other borough. Several law firms opened up in the Court St. area, Brooklyn Nets front office/headquarters, Brooklyn Industries HQ, multiple IT start up companies including Livestream, Etsy, Vice News, MakerBot, Amplify, etc.
The number of jobs providing EMPLOYMENT is also rising in Brooklyn, at a faster rate than any other borough. Several law firms opened up in the Court St. area, Brooklyn Nets front office/headquarters, Brooklyn Industries HQ, multiple IT start up companies including Livestream, Etsy, Vice News, MakerBot, Amplify, etc.
Wall Street makes up the majority of the high paying jobs in NYC. Brooklyn would be a massive underdog to ever be able to create an alternative that could compete with Manhattan in the near future.
The number of jobs providing EMPLOYMENT is also rising in Brooklyn, at a faster rate than any other borough. Several law firms opened up in the Court St. area, Brooklyn Nets front office/headquarters, Brooklyn Industries HQ, multiple IT start up companies including Livestream, Etsy, Vice News, MakerBot, Amplify, etc.
Would be interesting to see how or if things have changed, but as of the first quarter 2014 according to government numbers Brooklyn (Kings County) had the lowest wages of all five boroughs.
Would be interesting to see how or if things have changed, but as of the first quarter 2014 according to government numbers Brooklyn (Kings County) had the lowest wages of all five boroughs.
This is no surprise as Brooklyn is gaining almost double the rate of jobs compared to Manhattan/Queens. I am surprised the total average didn't drop. In absolute numbers, to stay at the same avg level, Brooklyn had to create the same amount of above average wage jobs as Queens created jobs total in the same time period.
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Thank you Gants
