Construction and services are the fastest growing sectors. Most employers in Brooklyn are small businesses. In 2000, 91% of the approximately 38,704 business establishments in Brooklyn had fewer than 20 employees. As of August 2008, the borough's unemployment rate was 5.9%.
Brooklyn, NY is also home to many banks and credit unions. According to the Federal Deposit Insurance Corporation, there were 37 banks and 21 credit unions operating in Brooklyn in 2010
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