Albany, NY (August 18, 2011) -
New York State's economy gained 14,100 private sector jobs, or 0.2%, in July 2011, the State Labor Department reported today. Since the state's economic recovery began in November 2009, New York has recouped just over 57%, or 188,100, of the private sector jobs lost during the 2008-2009 recession.
The state's unemployment rate for July 2011 was 8.0%, unchanged from June 2011. The number of unemployed New Yorkers decreased over the month -- from 759,900 in June to 756,600 in July 2011.
"The New York State economy added 14,100 private sector jobs in July 2011, continuing its recovery from the effects of the last recession. The state's unemployment rate held steady at 8.0% over the month, remaining well below the nation's rate of 9.1%," said Bohdan M. Wynnyk, Chief of Labor Statistics, Division of Research and Statistics.
Note: The data above are seasonally adjusted. Seasonally adjusted data provide the most valid month-to-month comparison. Non-seasonally adjusted data are valuable in year-to-year comparisons of the same month; for example, July 2010 versus July 2011.
1) Unemployment rates (seasonally adjusted):
In July 2011, New York State's unemployment rate was 8.0%, unchanged from June 2011. The U.S. rate decreased over the same time period-- from 9.2% in June to 9.1% in July 2011.
| *Data are preliminary and subject to change, based on standard procedures outlined by the U.S. Bureau of Labor Statistics. | |||
| July 2011* | June 2011 | July 2010 | |
|---|---|---|---|
| United States | 9.1 | 9.2 | 9.5 |
| New York State | 8.0 | 8.0 | 8.5 |
| New York City | 8.7 | 8.7 | 9.4 |
| NYS, outside NYC | 7.5 | 7.4 | 7.9 |
2) Regular Unemployment Insurance (UI), Emergency Unemployment Compensation (EUC08) and Extended Benefits (EB) programs:
During the week that included July 12, 2011, 448,303 people (including out-of-state claimants) received benefits under the regular Unemployment Insurance (UI), Emergency Unemployment Compensation (EUC08), or Extended Benefits (EB) programs. This figure includes 411,638 who live in New York State. Residents who received benefits under these programs made up 54% of the total unemployed in the state in July 2011.
For the federally funded EB program:
For the EUC08 program:
People establishing a new claim during the week beginning July 4, 2011 or later may only receive up to 26 weeks of regular Unemployment Insurance, and do not qualify for any extended or emergency compensation unemployment benefits. Claimants are encouraged to use the department's online Unemployment Insurance calculator to estimate the amount of unemployment benefits due. See the calculator on the Department of Labor's web site or go here: http://www.labor.ny.gov/ui/claimantinfo/UIBenefitsCalculator.shtm
3) Jobs data (seasonally adjusted):
U.S. and New York State, June 2011 - July 2011
The table below compares the over-the-month change in total nonfarm and private sector jobs in the United States and New York State between June 2011 and July 2011.
| Change in Total Nonfarm Jobs: (private sector + government) | Change in Private Sector Jobs: |
|||
|---|---|---|---|---|
|
|
Net
|
%
|
Net
|
%
|
| United States | +117,000 | +0.1% | +154,000 | +0.1% |
| New York State | +29,400 | +0.3% | +14,100 | +0.2% |
4) Jobs data (not seasonally adjusted):
U.S., New York State, Major Regions, and Metro Areas: July 2010 - July 2011
The table below compares the over-the-year change in total nonfarm and private sector jobs in the United States, New York State, the Upstate and Downstate regions, and metro areas in the state between July 2010 and July 2011.
| Change in Total Nonfarm Jobs: (private sector + government) | Change in Private Sector Jobs: |
|||
|---|---|---|---|---|
| Net | % | Net | % | |
| United States | +1,351,000 | +1.0% | +1,810,000 | +1.7% |
| New York State | +114,200 | +1.3% | +127,000 | +1.8% |
| Downstate NY (10-co. area) | +61,600 | +1.1% | +65,600 | +1.4% |
| New York City | +61,000 | +1.6% | +61,700 | +2.0% |
| Suburban Counties | +600 | +0.0% | +3,900 | +0.3% |
| Nassau-Suffolk | -7,800 | -0.6% | -5,100 | -0.5% |
| Putnam-Rockland-Westchester | +8,400 | +1.5% | +9,000 | +1.9% |
| Upstate NY (52-co. area) | +24,300 | +0.8% | +31,300 | +1.3% |
| Metro Areas | +24,300 | +1.0% | +28,100 | +1.4% |
| Albany-Schenectady-Troy | +3,200 | +0.7% | +6,900 | +2.1% |
| Binghamton | +100 | +0.1% | -200 | -0.2% |
| Buffalo-Niagara Falls | +9,900 | +1.9% | +8,000 | +1.8% |
| Glens Falls | -1,400 | -2.4% | -600 | -1.3% |
| Ithaca | +900 | +1.5% | +400 | +0.8% |
| Kingston | +100 | +0.2% | +200 | +0.4% |
| Poughkeepsie-Newburgh-Middletown | -1,600 | -0.6% | -100 | -0.1% |
| Rochester | +10,500 | +2.1% | +11,200 | +2.6% |
| Syracuse | +2,900 | +0.9% | +1,600 | +0.6% |
| Utica-Rome | -300 | -0.2% | +700 | +0.7% |
| Non-metro Counties | 0 | 0.0% | +3,200 | +0.7% |
Job highlights since July 2010:
5) Jobs data (not seasonally adjusted):
Change in jobs by major industry sector, July 2010 - July 2011
The table below compares the over-the-year change in jobs by major industry sector in New York State between July 2010 and July 2011.
| *The educational and health services category is in the private sector. Government includes public education and health services. | |||
| Sectors With Job Gains: | |||
|---|---|---|---|
| Educational & Health Services* | +42,500 | ||
| Professional & Business Services | +42,300 | ||
| Leisure & Hospitality | +21,400 | ||
| Trade, Transportation & Utilities | +8,500 | ||
| Other Services | +5,100 | ||
| Financial Activities | +3,400 | ||
| Construction | +2,800 | ||
| Information | +2,700 | ||
| Natural Resources & Mining | +100 | ||
| Sectors With Job Losses: | |||
| Government* | -12,800 | ||
| Manufacturing | -1,800 | ||
Highlights among NYS sectors with job gains since July 2010:
Highlights among NYS sectors with job losses since July 2010:
6) Characteristics of the unemployed, New York State (not seasonally adjusted):
The tables below compare the 12-month moving average unemployment rate in New York State by racial/ethnic group and by level of educational attainment. All data come from the Current Population Survey, which is a monthly survey of households conducted by the Census Bureau for the U.S. Bureau of Labor Statistics.
| *Data not yet released by the U.S. Bureau of Labor Statistics. Data will be updated when available. | |||
| Race/Ethnicity | 12-month period ending: | ||
|---|---|---|---|
| July* 2011 | June 2011 | July 2010 | |
| Total | NA | 8.3% | 8.6% |
| White (non-Hispanic) | NA | 6.5% | 6.9% |
| Black (non-Hispanic) | NA | 14.3% | 14.2% |
| Asian (non-Hispanic) | NA | 4.3% | 5.7% |
| Hispanic | NA | 11.8% | 12.0% |
| * Data not yet released by the U.S. Bureau of Labor Statistics. Data will be updated when available. | |||
| Educational Attainment | 12-month period ending: | ||
|---|---|---|---|
| July* 2011 | June 2011 | July 2010 | |
| Less than High School | NA | 12.2% | 11.5% |
| HS Diploma/GED | NA | 8.6% | 8.4% |
| Some College/Associate Degree | NA | 7.6% | 7.7% |
| Bachelor's Degree | NA | 6.1% | 6.3% |
| Master's Degree or Higher | NA | 3.2% | 3.8% |
Note: The responsibility for the production of monthly estimates of state and metro area nonfarm employment by industry moved from the Division of Research and Statistics to the U.S. Bureau of Labor Statistics (BLS), starting with March 2011 estimates. More detailed information on the change is available on the BLS web site.
Many economic data series have a seasonal pattern, which means they tend to occur at the same time each year (e.g., retail jobs usually increase in December). Seasonal adjustment is the process of removing seasonal effects from a data series. This is done to simplify the data so that they may be more easily interpreted and help to reveal true underlying trends. Seasonal adjustment permits comparisons of data from one month to data from any other month.
Labor force statistics, including the unemployment rate, for New York and every other state are based on statistical regression models specified by the U. S. Bureau of Labor Statistics. We survey 18,000 business establishments to get jobs data for New York State by industry. The jobs data do not include agricultural workers, the self-employed, unpaid family workers and domestic workers in private households.
See State and Area Job Data (opens in new window)
See Labor Market Overview (opens in new window)
See Jobs and Unemployment Fact Sheet (opens in new window)
###