Top 10 Jobs in Nassau-Suffolk, Long Island

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By Patty Inglish, MS


Financial Industry - Insurance, Real Estate & Banking

Wall Street alone does not handle all of the finance and inurance business in New York. On Long Island, the industry of Financial Products - primarily Insurance, Real Estate, and Banking - is quite healthy. This is bolstered by a high rate of disposable income in Long Island Households compared to the rest of America.

The top income producers and employers in Long Island finance, insurance and banking include:

  1. Insurance Agencies and Brokers
  2. Property/Casualty Insurance Carriers
  3. Commerical Banking
  4. Real Estate Credit Issuers
  5. Securities Brokers
  6. Savings Institutions


Island History

This island is the largest island in the country, jutting out from New York Harbor from southeastern New York State, into the Atlantic Ocean. It is the most high populated US island, with a total census of nearly 8 million people. Many immigrants came to Nassau-Suffolk in the 1940s - 1970s and built strong communities around high quality education and jobs.

The Aboriginal name for Long Island is Paumanok, or "Island that Pays Tribute." There is no positive connotation to this name, because the Aboriginals were not honoring anyone -- The Native American peoples on the island were more pacifist than others and were required to pay protection to these stronger tribes.

Small Business Boom

When local New York residents, government officials, and business people mention Long Island, they are generally referring to two of the four counties that comprise the island.

These two counties are Nassau and Suffolk, each with its own county government and top County Executive. These two counties sit together and farthest to the east of the four counties on the island and together, the two form the Nassau-Suffolk Metropolitan Statistical Area (MSA). [The additional two counties are Kings and Queens, which are more affiliated in some ways with NYC. Tehy are more urban than the rest of Long Island, although Nassau-Suffolk ovvers urban, suburban, and even rural areas.]

When considering occupations and employment on Long Island, it is important to know that a greater number of individuals and/or partners start their own businesses on Long Island than the number of people hired into the fastest-gowing and other jobs available. A considerable proporation of these new businesses also seem to be successful.

Beginning in 2000, Long Island recovered fast from an economic downturn that lasted from 1980 - 1999, compelte with downsizing, business closures, and a decline in manufacturing and other industry sectors. However, the turnaround was so organized, efficient, and dramatic that it earned the nickname "The Long Island Miracle." It was very well planned.

In a series of smart moves, business leaders and innovators in areas in and around Long Island diversified industry thrugh the combined efforts of small business owners and small-to-medium sized companies that looked toward new sources of revenue.

Through organized efforts via community and business plans and organizations, small and medium-sized businesses became strong, leading Long Island in an enahnced economy throughout the early 21st century. One of these projects icnluded opening a number of protifable vineyards on former farmland in Suffolk County.

In June, 2007, the local unemployment rate was low - just 3.7%, indicating that a lot of jobs are available. For example, the nursing shortage has not lessened.

Nassau and Suffolk are East of NYC

The two major counties of Long Island are shown in blue.
The two major counties of Long Island are shown in blue.

New Business Ideas and New Education

Long Island business and employment is led by small businesses, most of which employ fewer than 20 persons.

Small Business itself employees at least one-half of the entire Long Island workforce.

Beginning around 2000, Long Island recovered fast from an economic downturn that lasted from 1980 - 1999, compelte with downsizing, business closures, and a decline in manufacturing and other industry sectors. However, the turnaround was so organized, efficient, and dramatic that it earned the nickname "The Long Island Miracle." It was very well planned.

In a series of smart moves, business leaders and innovators in areas in and around Long Island diversified industry through the combined efforts of small business owners and small-to-medium sized companies that looked toward new sources of revenue.

Through organized efforts via community and business plans and organizations, small and medium-sized businesses became strong, leading Long Island in an enahnced economy throughout the early 21st century. One of these projects included opening a number of protifable vineyards on former farmland in Suffolk County.

In addition, area colleges an duniversitites have partered with business an county governments to provide Education and Trainnig programs that directly match Long Island Business needs.

Old and new successes that began as small businesses include:

  • Symbol Techologies - bar code scanners
  • Festo Corporation - Over 80 years old, the leader globally of pneumatic & electromechincal parts, such as prostheses.
  • Grumman Corportion, founded 1929
  • Arrow Electronics
  • Canon USA
  • Olympus America Inc.
  • Underwriters Laboratories.

Cold Spring Harbor Laboratory, one of the richest wellsprings of the science underlying biotechnology, are making startling strides in the fight against cancer. A company spawned in the Long Island High Technology Incubator at Stony Brook University, where the first MRI image in history was created, has developed the first virtual colonoscopy technology to be approved by the FDA. Brookhaven National Laboratory, where five Nobel Prizes have been won, is developing sensors, antidotes and vaccines in the fight against terrorism.

A Statewide View: Long Island - Southeast Corner of New York

Long Island is pictures in aqua.
Long Island is pictures in aqua.

Brookhaven National Lab

Click to enlarge
Click to enlarge

Top 10 Fastest Growing Jobs on Long Island

The fastest growing jobs on Long Island are all in Healthcare and Information Technology (IT), with a significant number of IT jobs in health and medical faciltities.Additional IT jobs can be found in education, professional services, and biocience & aerospace research facilties.

The Top 10 Fastest Growing Jobs on Long Island:

  1. Network Systems/Data Communications Analysts
  2. Medical Assistants
  3. Home Health Aides
  4. Diagnostic Medical Sonographers
  5. Physical Therapist Assistants
  6. Computer Software Engineers, Applications
  7. Database Administrators
  8. Network & Computer Systems Administrators
  9. Physician Assistants
  10. Computer Software Engineers, Systems Software


Largest Employers on Long Island

The Healthcare Industry is the largest area employer, and a large nursing shortage as well as too few home health aides, personal aides, techs, and other positions is the norm. Healthcare offers lucrative oppotunities, including Travel Nursing, which offers even greater benefits. Buisiness and Professional Services comprise the second largest employer base on the island.

Manufacturing in the computer and electronics sector is still a strong part of the manufacturing industry on Long Island. Large comapnies produce parts an dother products for a variety of technologies and bioscience/medical use, while small and medium-sized companies specialize in certain specific components and related services. All this bolsters the production of the very active Information Techology (IT) Industry.

Tourism is a large industry on Long Island, involving nearby airports, airlines, tour companies, travel agencies, dance companies, restaurants, gift shops, hotels, theaters, theater companies, sports, recreation venues and trous, and others. Long Island overall retail success (over $30 billion sales annually) is based on high levels of dispoable income possesed by Long Islanders in general. This area has been 5th highest in average household dispolsable income among metro areas in the US since the early 2000s.

LARGEST EMPLOYERS

  • North Shore-Long Island Jewish Health System - 11 hospitals, Staten Island University, 4 nursing facilities and 90 ambulatory sites.
  • Cablevision Systems
  • Winthrop South Nassau University Health System - 2 Hospitals
  • Verizon - Telecommunications
  • Waldbaum's (A&P Food Stores) - Supermarkets
  • J.P. Morgan Chase & Company - Global financial products and services
  • KeySpan - Energy
  • Long Island University
  • Nassau Health Care Corp. - I hospital, 1 extended care facility, a Level 1 Trauma Center, 7 community health centers
  • Good Samaritan Hospital Medical Center
  • Brookhaven National Laboratory - Research and development lab
  • Computer Associates International (Wang) - Business software
  • Nassau Community College
  • Symbol Technologies - Design, make & market bar code scanners and hand-computers
  • North Fork Bankcorporation


Stony Brook U. Dance Program


Lacrosse

Click to enlarge
Click to enlarge

Long Island Music

Long Island Shores Long Island Shores
Price: $9.50
List Price: $17.98
Long Cold Winter Long Cold Winter
Price: $4.74
List Price: $11.98
Ellis Island Ellis Island
Price: $25.99
List Price: $35.98
Live On Long Island 4-18-80 Live On Long Island 4-18-80
Price: $16.15
List Price: $24.98

Long Island Sports

Hundreds of opportunities for spectator sports, employment among teams and venues and related tourist spots, and sporys participation await job seekers and visitors on Long Island.

Baseball

High School Sports

League Sports Teams

Professional Sports Teams

Venues

Other Competative Sports

Riverhead Raceway The Dive Club Eastern Long Island Golf Courses Sports & Recreation in the Hamptons Long Island Junior and Eastern New York Youth Soccer Long Island Road and Track Skating Association Long Island Volleyball AssociationNational Amateur Bowlers of Long Island Nissequogue Canoe and Kayak Club Stony Brook Seawolves Men's Basketball Fan WebSite

The Double Helix

Cold Spring Harbor Laboratory, directed by James D. Watson for 35 years. This is a tribute to Watson and Francis Crick in their discovery of the Double Helix of DNA.
Cold Spring Harbor Laboratory, directed by James D. Watson for 35 years. This is a tribute to Watson and Francis Crick in their discovery of the Double Helix of DNA.

Industrial Park Businesses

Hauppauge Industrial Park

The Hauppauge Industrial Park on Long Island is the largest industrial park on the US East Coast.

Not only does it provide businesses, but also youth and adult day care so that family members working in the park can remain close to the young and the elderly that need extra care.

Other buinesses range from manufacturers to attorneys and phsyicians to clean energy purveyors to hotels.

There are more than 1,300 companies in the Park, with nearly 60,000 employees. Firms are represented by the Hauppauge Industrial Association.

Hauppauge Industrial Association

MLSLI.com - Long Island Real Estate

Share Your Comments and Long Island Experiences

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ahmu profile image

ahmu  says:
5 months ago

nice hubs thanks for information

Patty Inglish, MS profile image

Patty Inglish, MS  says:
5 months ago

Thanks for visiting and commenting, ahmu.

bluerabbit profile image

bluerabbit  says:
5 months ago

What a terrific hub! Very useful information!

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