Located on one of the world's finest natural harbors, New York is one of the world's major centers of commerce and finance. As a world superpower, USA greatly treasures this city.
New York also exerts global influence in media, politics, education, entertainment, arts, fashion and advertising. The city is also a major center for international affairs, hosting the headquarters of the United Nations.
New York City comprises five boroughs: these include the Bronx, Brooklyn, Manhattan, Queens and Staten Island. Some statistics about New York are amazing. For example, the city is pregnant with over 8.2 million residents within an area of 322 square miles (830 km'), this makes New York City the most densely populated major city in the United States (US municipality, 2007).
Over the last decade the city's population has been increasing and demographers estimate New York's population will reach between 9.2 and 9.5 million by 2030. New York's two key demographic features are its population density and cultural diversity. The city's population density of 26,403 people per square mile (10,194/km') makes it the most densely populated.
New York City is exceptionally diverse. Throughout its history the city has been a major point of entry for immigrants; from all over the world. These were from Africa, India, Japan, and Israel among other places. The term melting pot was first coined to describe densely populated immigrant neighborhoods on the Lower East Side. Today, 36% of the city's population is foreign-born (New York City department of planning, 2005). Among American cities, this proportion is exceeded only by Los Angeles and Miami While the immigrant communities in those cities are dominated by a few nationalities, in New York no single country or region of origin dominates.
The ten largest countries of origin for modern immigration are the Dominican Republic, China, Jamaica, Guyana, Pakistan, Ecuador, Haiti, Trinidad and Tobago, Colombia, and Russia .About 170 languages are spoken in the city.The New York metropolitan area is home to the largest Jewish community outside Israel; Tel Aviv proper (non-metro/within municipal limits) has a smaller population than the Jewish population of New York City proper, making New York the largest Jewish community in the world. About 12% of New Yorkers are Jewish or of Jewish descent and roots.
New York City has a high degree of income disparity. In 2005 the median household income in the wealthiest census tract was $188,697, while in the poorest it was $9,320. The disparity is driven by wage growth in high income brackets, while wages have stagnated for middle and lower income brackets. In 2006 the average weekly wage in Manhattan was $1,453, the highest and fastest growing among the largest counties in the United States.
Home ownership in New York City is about 33%, much lower than the national average of 69%..Rental vacancy is usually between 3% and 4.5%, this is well below the 5% threshold defined to be a housing emergency and used to justify the continuation of rent control and rent stabilization. About 33% of rental units are rent-stabilized. Finding housing, particularly affordable housing, in New York City can be more than challenging.
The work force in New York therefore is very diverse indeed. All who come to the United Stats of America have one hope; that is the hope of getting some job. Several