Employment
If you have skill, and even if you don’t, there is someone in New York City with a job for you. The economy is that diverse and that large. In fact, New York City has a gross metropolitan product of $500 billion. If that were translated into gross domestic product, New York City would rank 16th in the world. New York also is home to more Fortune 500 companies than any other city in the world, and has almost 650,000 companies open for business.
One of the most dominant business categories in the city is financial services. This is the home of the New York Stock Exchange, NASDAQ, the American Stock Exchange and the New York Board of Trade.
Despite continuing decentralization, New York remains the center of media in the U.S. The major TV networks call it home and it has the largest, and many say most influential, newspapers in the nation: The New York Times and The Wall Street Journal. Many major magazines are published here, and the city has a growing film production center in Astoria, Queens. Advertising is synonymous with the city’s Madison Avenue.
As Midwest farm girls move to Hollywood to be discovered, Midwest boys and girls who want to have their own couture line move to New York City. Fashion Week, held here early each September, is one part Mardi Gras, one part Super Bowl and all in well tailored clothes.
The medical, culinary, art, entertainment and tourism industries also prevail.