Gotham Gazette

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New York's Now Beleaguered Financial Workforce - Tables


Table 1.

2000 2007 % Change
Manhattan
Finance
230,366
247,143
7.28%
Other Sectors
1,380,109
1,571,381
13.86%
Percent in Finance
14.30%
13.59%
Outer Boroughs
Finance
39,717
39,562
-0.39%
Other Sectors
1,115,297
1,387,362
24.39%
Percent in Finance
3.44%
2.77%
New York City
Finance
270,083
286,705
6.15%
Other Sectors
2,495,406
2,958,743
18.57%
Percent in Finance
9.77%
8.83%
Rest of Metro Area
Finance
163,613
188,191
15.02%
Other Sectors
3,147,039
3,344,789
6.28%
Percent in Finance
4.94%
5.33%
Total NY Metro
Finance
433,696
474,896
9.50%
Other Sectors
2,495,425
2,958,762
18.57%
Percent in Finance
7.14%
7.01%

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Table 2.

Occupation Number in Finance Median Earnings in Finance Median Earnings in Other Industries % Finance Earnings of Other Industries
Financial services sales occupations
45,553
$134,516
Financial managers
37,021
$108,191
$86,553
125%
Other financial specialists
31,606
$103,474
$75,893
136%
Accountants and auditors
23,423
$87,953
$65,774
134%
Managers and administrators
16,779
$128,748
$76,571
168%
Computer systems analysts and computer scientists
11,785
$86,553
$65,774
132%
Secretaries
11,455
$54,643
$40,476
135%
Computer software developers
11,427
$98,300
$77,605
127%
Chief executives and public administrators
9,849
$167,697
$138,485
121%
Supervisors and proprietors of sales jobs
9,094
$129,830
$43,459
299%
Customer service reps, investigators and adjusters, except insurance
7,032
$36,429
$36,216
101%
Office supervisors
6,255
$54,096
$49,768
109%
Bank tellers
6,109
$27,938
Bookkeepers and accounting and auditing clerks
4,611
$46,563
$38,285
122%
Managers and specialists in marketing, advertising, and public relations
4,200
$144,863
$81,144
179%
Administrative support jobs
4,015
$47,357
$41,389
114%
Lawyers
3,951
$216,383
$142,794
152%
Inspectors and compliance officers, outside construction
3,214
$89,799
$56,259
160%
General office clerks
3,055
$41,389
$32,457
128%
Personnel, human resources, training, and labor relations specialists
2,798
$81,144
$60,714
134%
Management analysts
2,608
$101,191
$80,952
125%
Economists, market researchers, and survey researchers
1,966
$141,667
$82,225
172%
Records clerks
1,756
$44,804
$35,417
127%
Human resources and labor relations managers
1,727
$108,191
$70,833
153%
Receptionists
1,641
$34,621
$29,536
117%
Interviewers, enumerators, and surveyors
1,640
$51,737
$40,476
128%
Data entry keyers
1,555
$31,042
$31,042
100%
Computer and peripheral equipment operators
1,519
$50,595
$45,008
112%
Legal assistants, paralegals, legal support, etc
1,501
$57,341
$54,096
106%
Guards, watchmen, doorkeepers
1,065
$38,949
$30,357
128%

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Table 3.

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Table 4.

Characteristics Finance Other Sectors
Age Less Than 35
38.9%
31.0%
Householder
62.7%
57.0%
Male
60.7%
57.5%
Married
56.8%
53.1%
Owned Residence
58.6%
47.1%
White
67.8%
53.3%
Black
12.5%
21.0%
Asian
13.2%
11.2%
Other or Multi
6.4%
14.4%
Hispanic
10.3%
21.3%
Foreign Born
30.7%
42.1%
College Grad
69.4%
42.3%
Working for Private Company
95.5%
72.3%
At or Below Poverty
0.5%
2.9%

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