Best Online Colleges in New York

Benefits of Studying Online in New York

As the fourth most populous state in the nation, New York is home to more than 20 million people, which accounts for 6.1% of the U.S. population. The Empire state covers slightly over 54,555 square miles of land, making it the 27th largest state by area. It's the only state to border three Great Lakes, and its capitol city is the oldest in the nation (Albany). Of course, the state’s most prominent city is NYC (a global power hub) as well as being one of the most iconic cities in the world - housing over 8 million people. Furthermore, the state is home to the largest metropolitan area in the U.S. (New York-Newark-Jersey City).

Employment Stats

As far as economic clout and job opportunities, New York ranks 4th in the nation with a total employed workforce of 9,534,300, which accounts for 6.22% of the nation's total employed %. That's an increase of 3.54% year over year, which ranked 16th in the nation in terms of growth. Even though the state was just shy of the median employed workers mark (-7,557 to be exact), New York actually had more than 382% more people employed than the median - far better than the majority of states. Furthermore, the state far outpaced Illinois (which ranked 5th) by about 3,448,000 jobs - or 56.65%. It narrowly loses out to Florida for #3, whereby the latter claimed 9,543,000 employed workers (a difference of just 8,000 or 0.1%). All together, the Empire State nearly beat out the nation leader (California) with only -46% difference, which is quite remarkable given its 6.1% population share.

Job Opportunities

In terms of job diversity, New York is also a powerhouse, claiming the 4th most occupation types at 789. This is higher than the national median of 722 and is a whopping 9.3% above the median. Moreover, New York’s 8.6 million employed persons is almost 4 times the national median of 1.8 million, yielding a whopping 374.9% advantage over Oregon, a state representative of the national median in this case. This means there are a lot of job opportunities to go around, which can be great if you’re willing to put in the hard work and dedication to stand out among the competition.

In addition to its already booming workforce, New York is home to a number of world-class universities. These include Columbia University, Cornell University, New York University, and the list goes on. It’s also home to a number of large companies like Goldman Sachs, JP Morgan Chase, and MetLife.

New York’s sheer size and resources make it an excellent choice for college students. With a population of more than 20 million people and a GDP of more than $1.7 trillion, the Empire State is a great option for anyone looking to get their start in the business world. Plus, its central location on the East Coast makes it close to many of the major population centers on the eastern seaboard.

So whether you’re drawn to New York’s booming economy, or its highly ranked universities, studying in the Empire State will give you access to a wide array of job opportunities and the chance to jostle for the top positions. With a slightly tighter workforce than Texas, but significantly larger than Florida, New York is an ideal choice for those who want to live and work in the US’s most influential and populous state.

In conclusion, the abundance of job opportunities that come with studying in the Empire State is worth considering. It boasts the 4th most employed persons of any state, and is 16th fastest growing by that metric. Though it may still be slightly below the median employed workers mark, the Empire State has no shortage of jobs. The combination of global commerce hubs such as NYC, and the vast educational landscape, make New York a great place to consider for studying.

*All data sourced from the Bureau of Labor Statistics (2023)