More than halfway through the year, the wobbly state of the New York City economy is coming into focus.

Only one industry — health care — has been a bright spot in an otherwise sluggish job market, but even it is facing trouble. Across many sectors, including major industries like finance, hiring is down so far this year or has slowed substantially as companies confront economic uncertainty and rising prices from tariffs.

“It’s shocking how quickly the slowdown has been,” said Gregory E. DeFreitas, an economics professor at Hofstra University and the director of its Center for the Study of Labor and Democracy. “I do think it’s just the beginning.”

Here is a closer look at the city’s economy and how it compares with other large cities.

Where are new jobs being added?

Private companies in New York City have added just 5,079 jobs so far this year, the slowest positive job growth during the first seven months of any year since 1995, according to the city’s Office of Management and Budget. At this point last year, employers had added more than 68,000 jobs.

One industry that is booming is health care. No other field has come close to creating as many jobs — 41,000 this year. Since the beginning of 2020, the health sector has added more than 250,000 jobs.

But in recent years, most new positions have not been among doctors and nurses but rather among home health aides who are paid poorly — about $32,400 a year. And growth in the industry could cool.