Report: Job Growth Jumps in Outer-Boroughs, Wanes in Manhattan

As job creation slowed in Manhattan, it picked up quite a bit in the outer-boroughs. That's according to a new report from the Center for an Urban Future that tracked employment changes between 1997 and 2007 in 175 city zip codes

The report covers a turbulent decalogue, marked by the pop of the dot-com bubble and the attacks on the World Trade Center; and the data indicates a major reshuffling of office space in Manhattan.

Five of the bottom 10 zip codes for absolute job gains were clustered around the World Trade Center and the Financial District. The total sum of job losses among these five zip codes was a staggering 83,169. However, nine of the top 10 zip codes for absolute gains in employment were also in Manhattan, with four zip codes in Midtown West gaining 52,953 jobs.

The 10027 zip code, located in West Harlem/Morningside Heights and covering a chunk of Columbia University, led all city zip codes in the number of new jobs, adding 21,987. But downtown Brooklyn (zip code 11245) commanded the highest job growth rate--253 percent--for the zip codes tracked.

The report can be read here (PDF).