The New York State Department of Labor has released payroll employment and payroll data for New York City and each borough for 2009, along with the change from 2008. I’ve done a few calculations with it and put them in the attached spreadsheet. The data is based on the administrative records of unemployment insurance program, and thus excludes the self-employed, freelancers and contract workers, a growing share of the workforce. Because the City of New York and MTA do not comply with state requirements to report its employment by actual work location (known as the “Bell file”), moreover, the data on government employment is not accurate by borough. Nonetheless some conclusions can be drawn about private and public employment and wages in New York City during the recession.
Citywide, the data show that from 2008 to 2009, private employment fell 3.5% in New York City’s private sector despite increases of 1.7% in the substantially government-funded Health Care and Social Assistance sector, and 1.9% in the tax-exempt private Education sector. Government employment fell just 0.3%. Total private sector payroll plunged 12.3% despite increases of 3.5% in the Health Care and Social Assistance sector and 5.2% in the Education sector, while total Government payroll increased 2.0%. Average (mean) private sector pay per employee plunged 9.1% despite increases of 1.8% in the Health Care and Social Assistance sector and 3.2% in the Education sector, while pay per employee in Government increased 2.3%. The fall in private pay per employee was driven by a 17.7% decrease in the Finance and Insurance sector, due to lower bonuses, which will bring little sympathy given the 2009 average of $231,176 per worker for the sector. But excluding both Finance and Insurance and Health Care and Social Assistance, payroll per private sector worker fell 3.2% from 2008 to 2009 in New York City.