Williams notes unemployment has stayed in a 4.3 to 4.5 percent band since July.
“The unemployment rate has fluctuated in a narrow band of 4.3 to 4.5 percent since last July, and unemployment insurance claims remain low.”
Williams says New York City employment growth has broadened from healthcare to include technology sector.
“After being driven primarily by healthcare over the past few years, employment growth in and around New York City has broadened to include the technology sector.”