With one of the largest population centers in the United States, the New York Tri-State Area is filled with employment opportunities. Below you will find some highlights of the local economies.
Finance, Insurance, and Real Estate
It goes without saying that the New York financial and real estate industries are among the most successful in the world. The U.S. economy is unofficially centered in the city, and real estate has been on a tear for more than a decade. Five of the America's ten largest insurance companies are based in New York City, too.
SOME BIG PLAYERS:
Finance:
Citigroup
JPMorgan Stanley
Merrill Lynch
New York Stock Exchange
Nasdaq Stock Exchange
Prudential
Real Estate:
Corcoran
Halstead
Douglas Elliman.
Fashion
Fashion is another important part of New York City's economy and culture. While there are fashion offices located all over the city, the "Garment District" is located in the West 30s between Broadway and Eighth Avenue. Other "hot spots" include Greenwich Village, SoHo and Fifth Avenue. The largest designers from all over the world have major operations in New York City.
SOME BIG PLAYERS:
Calvin Klein
Ralph Lauren
Gucci
Bulgari
Donna Karan
Vera Wang.
Technology
Technology is well represented in New York City. While California has Silicon Valley, New York's new media is referred to as "Silicon Alley," although it isn't nearly as bustling as before the Internet economy collapsed three years ago. Still, high-tech and new media is a $9.2 billion industry in New York City.
SOME BIG PLAYERS:
Verizon
Qwest
Time Warner
Media and Entertainment
During the 1980s, film production declined in the city due to the high costs to film here. This changed in the 1990s under the administration of Mayor Giuliani. Production in the city is now bustling again, as is evidenced by successful series such as NBC's Law and Order and HBO's Sex and the City. New York City has 145 studios and stages and 35 radio stations. More than 200 newspapers have offices here, and 350 consumer magazines are headquartered in the City.
SOME BIG PLAYERS:
Television & Film:
NBC
Viacom
ABC (Walt Disney)
Time Warner
Newspapers & Magazines:
Dow Jones (Wall Street Journal, Barrons, Smart Money, etc.)
New York Times
Conde Nast (Wired, the New Yorker, etc.)
Newhouse.
Non-Profit Organizations
New York City is home to 20,000 not-for-profit businesses of all types.
Professional Services
If you are interested in working in the professional industry, there are plenty of opportunities here. New York City is home to 10 of the largest US-based consulting firms, 6 of the world's top 10 securities firms, and 3 of the Big Five accounting firms' headquarters. And most of the biggest advertising firms in the world are either based in New York or at the very least have a significant presence here.
SOME BIG PLAYERS:
Accounting
Ernst & Young
KPMG
PricewaterhouseCoopers.
Advertising:
Ogilvy
Young and Rubicam
Saatchi & Saatchi
Foote, Cone and Belding
Digitas
Public Relations:
Edelman
Ogilvy PR
GCI Group
Hill and Knowlton
OUTSIDE OF THE CITY
New Jersey
There are several industries that have a strong presence in New Jersey.
One of the biggest is undoubtedly the pharmaceutical industry. Some of the largest drug companies in the world are either based or have major facilities and offices in the Garden State.
The telecommunications industry is also heavily represented. Bell Labs - now part of Lucent, a spinoff of AT&T - is based in New Jersey and largely responsible for creating much of the technological foundation that drives the networking, computing and software technologies that the world's economy is so reliant upon today. Bell Labs' history is so influential upon contemporary technology it is nearly impossible to overstate it.
SOME BIG PLAYERS:
Pharmaceuticals:
Merck
Johnson & Johnson
Norvartis
Bristol-Myers Squibb
Telecommunications:
AT&T
Lucent
Avaya
Westchester, New York
Westchester also has its share of the world's largest corporations, too. Industries that have a significant presence here include the food and beverage industry and technology firms.
SOME BIG PLAYERS:
IBM
Pepsi
Fuji Film USA
Connecticut:
There are ample opportunities to find work in Connecticut. Some of the largest industries in the state include, healthcare and insurance, pharmaceuticals and much more.
SOME BIG PLAYERS:
General Electric
Pfizer
Aetna Insurance
Pratt and Whitney
Long Island:
Long Island stretches from Manhattan alongside Connecticut. There are job opportunities in several industries, including technology, publishing and media, and more.
SOME BIG PLAYERS:
Arrow Electronics
Computer Associates
Cablevision
Publishers Clearing House
Most people think of big business when they think of the United States, and even moreso when they think of the New York Tri-State Area. However, the fact is that small businesses in the U.S. represent 99.7% of all employers, they employ half of all private sector employees, pay 44.3% of total U.S. private payroll and generate 60% to 80% of net new jobs annually.
Probably the most popular way to find jobs in the area is the classified section of the New York Times, especially the Sunday edition.
Tri-State Area Chamber of Commerce Links:
Manhattan Chamber of Commerce
New Jersey Chamber of Commerce
Westchester Business Council
Greenwich, CT Chamber of Commerce
Long Island Chambers of Commerce
First Published: Apr 21, 2004
Industries & Careers in the Tri-State Area
