NY.gov Portal State Agency Listing
[X] close video player
This video requires Adobe Flash Player
Department of Labor Seal

New York State
Department of Labor

Andrew M. Cuomo, Governor Peter M. Rivera, Commissioner

State's Unemployment Rate Falls to 7.9% in October

play video alt txt

Albany, NY (November 17, 2011) -

New York State's unemployment rate fell to 7.9% in October 2011, down from 8.0% in September, the State Labor Department reported today. The number of unemployed New Yorkers also dropped over the month - from 758,200 in September to 757,000 in October 2011.

In October 2011, the state's private sector job count decreased by 3,400, or less than 0.1%, to 7,152,800. Since the state's economic recovery began in November 2009, New York has recouped 171,500, or 52%, of the private sector jobs lost during the 2008-2009 recession.

"Over the past year, the New York State economy added 72,900 private sector jobs. In addition, our statewide unemployment rate remained below the comparable U.S. jobless rate of 9.0% in October 2011," said Bohdan M. Wynnyk, Deputy Director of the 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, October 2010 versus October 2011.

1) Unemployment rates (seasonally adjusted):

In October 2011, New York State's unemployment rate was 7.9%, down from September 2011's level of 8.0%. The U.S. unemployment rate also dropped over the month -- from 9.1% in September to 9.0% in October 2011.


Unemployment Rates (%)*
*Data are preliminary and subject to change, based on standard procedures outlined by the U.S. Bureau of Labor Statistics.
October 2011*September 2011October 2010
United States 9.0 9.1 9.7
New York State 7.9 8.0 8.3
New York City 8.8 8.7 9.0
NYS, outside NYC 7.3 7.4 7.8

 

2) Regular Unemployment Insurance (UI), Emergency Unemployment Compensation (EUC08) and Extended Benefits (EB) programs:

During the week that included October 12, 2011, 443,036 people (including 405,064 who live in New York State) received benefits under:

  • Regular Unemployment Insurance (UI),
  • Federal Emergency Unemployment Compensation (EUC08), or
  • Federal Extended Benefits (EB) programs.

Residents who received benefits under these programs made up 54% of the total unemployed in the state in October 2011.

Prior to October 10, 2011, New Yorkers were eligible for only 13 weeks of Extended Benefits (EB). Because New York State's average unemployment rate (seasonally adjusted) was 8.0% for the three months ending August 2011, New York State qualified for an additional seven more weeks of federally funded EB (up to 20 weeks) as of October 10, 2011.

As of October 10, 2011, the maximum number of weeks of all unemployment benefits available to claimants in New York State is 93. The last week payable for EB in New York State is the week ending January 8, 2012, and the last week payable for EUC is the week ending June 10, 2012, unless Congress extends benefits through 2012.

People who filed a new claim during the week that began July 4, 2011 or later may only receive up to 26 weeks of regular UI. The unemployed are encouraged to use the Department's online Unemployment Insurance calculator to estimate how many weeks they may receive. See the calculator on the Department of Labor's website or go here: http://www.labor.ny.gov/ui/claimantinfo/UIBenefitsCalculator.shtm

 

3) Jobs data (seasonally adjusted):

U.S. and New York State, September 2011 - October 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 September 2011 and October 2011.

Change in Total Nonfarm and Private Sector Jobs,
September 2011 - October 2011
Change in
Total Nonfarm Jobs:

(private sector + government)
Change in
Private Sector Jobs:
Net
%
Net
%
United States +80,000 +0.1% +104,000 +0.1%
New York State -8,300 -0.1% -3,400 -0.0%

 

4) Jobs data (not seasonally adjusted):

U.S., New York State, Major Regions, and Metro Areas: October 2010 - October 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 October 2010 and October 2011.


Change in Total Nonfarm and Private Sector Jobs,
October 2010 - October 2011
Change in
Total Nonfarm Jobs:

(private sector + government)
Change in
Private Sector Jobs:
Net
%
Net
%
United States +1,501,000 +1.1% +1,801,000 +1.7%
New York State +63,500 +0.7% +72,900 +1.0%
 
Downstate NY (10-co. area) +6,900 +0.1% +19,000 +0.4%
  New York City +11,700 +0.3% +20,300 +0.6%
  Suburban Counties -4,800 -0.3% -1,300 -0.1%
    Nassau-Suffolk -11,300 -0.9% -8,300 -0.8%
    Putnam-Rockland-Westchester +6,500 +1.2% +7,000 +1.5%
 
Upstate NY (52-co. area) +6,900 +0.2% +11,700 +0.5%
  Metro Areas +7,800 +0.3% +9,400 +0.5%
    Albany-Schenectady-Troy -1,700 -0.4% -400 -0.1%
    Binghamton +900 +0.8% +1,200 +1.4%
    Buffalo-Niagara Falls +1,800 +0.3% +2,200 +0.5%
    Glens Falls -100 -0.2% +500 +1.1%
    Ithaca -1,300 -1.9% -1,700 -2.9%
    Kingston -1,200 -2.0% -900 -1.9%
    Poughkeepsie-Newburgh-Middletown -1,500 -0.6% -1,000 -0.5%
    Rochester +7,700 +1.5% +7,900 +1.8%
    Syracuse +1,800 +0.6% +100 +0.0%
    Utica-Rome +1,400 +1.1% +1,500 +1.5%
Non-metro Counties -900 -0.1% +2,300 +0.5%

 

Job highlights since October 2010:

  • Since October 2010, the number of private sector jobs in the state increased by 72,900, or 1.0%. Over the same time frame, the nation's private sector job count increased by 1.7%.
  • Private sector jobs grew by 0.4% over the past year in the 10-county Downstate region. Job gains in the Downstate region were centered in New York City, which grew by 0.6%.
  • In the 52-county Upstate region, private sector jobs grew at the same rate (+0.5%) in both the region's metro areas and its non-metro counties.
  • Over the past year, private sector jobs grew most rapidly in these metro areas:
    • Rochester (+1.8%)
    • Putnam-Rockland-Westchester (+1.5%)
    • Utica-Rome (+1.5%)
    • Binghamton (+1.4%)
    • Glens Falls (+1.1%)
  • Ithaca (-2.9%), Kingston (-1.9%), and Nassau-Suffolk (-0.8%) were the metro areas in the state that experienced the most rapid rate of private sector job losses between October 2010 and October 2011.

5) Jobs data (not seasonally adjusted):

Change in jobs by major industry sector, October 2010 - October 2011

The table below compares the over-the-year change in jobs by major industry sector in New York State between October 2010 and October 2011.

Change in Jobs by Major Industry Sector,
October 2010 - October 2011

*The educational and health services category is in the private sector. Government includes public education and health services.
Sectors With Job Gains:
Professional & Business Services +31,500
Educational & Health Services* +23,600
Leisure & Hospitality +17,100
Construction +8,500
Financial Activities +8,100
 
Sectors With Job Losses:
Government* -9,400
Manufacturing -6,300
Trade, Transportation & Utilities -4,800
Other Services -3,900
Information -800
Natural Resources and Mining -100

 

Highlights among NYS sectors with job gains since October 2010:

  • Professional and business added the most private sector jobs (+31,500) of any sector between October 2010 and October 2011. Sector job gains were greatest in professional, scientific and technical services (+16,300) and administrative and support services (+12,500).
  • Educational and health services (+23,600) had the second largest increase in jobs over the year. Most job gains in that sector were in educational services (+21,200).
  • Sector job gains in leisure and hospitality (+17,100) were focused in accommodation and food services (+19,100), especially food services and drinking places (+14,900).

Highlights among NYS sectors with job losses since October 2010:

  • The government sector lost more jobs than any other sector (-9,400). Government job losses were concentrated at the local (-6,000) and federal (-3,800) levels.
  • The manufacturing job count also declined (-6,300) over the past year. Factory losses were centered in non-durable goods (-6,300), especially printing and related activities (-4,400).
  • Over-the-year job losses in trade, transportation and utilities (-4,800) were largest in retail trade (-3,200).

 

6) Characteristics of the unemployed, New York State (not seasonally adjusted):

The tables below compare unemployment rates (12-month moving average) in New York State by racial/ethnic group and by level of education. 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.

Unemployment Rates (%) by Race/Ethnicity
*Data not yet released by the U.S. Bureau of Labor Statistics. Data will be updated when available.
Race/Ethnicity12-month period ending:
October 2011*September 2011October 2010
Total NA 8.1 8.5
  White (non-Hispanic) NA 6.4 6.7
  Black (non-Hispanic) NA 14.0 14.6
  Asian (non-Hispanic) NA 5.2 5.3
  Hispanic NA 10.7 12.0


Unemployment Rates (%) by Education Level
(Persons 25 years and older)
*Data not yet released by the U.S. Bureau of Labor Statistics. Data will be updated when available.
Education Level12-month period ending:
October 2011*September 2011October 2010
Less than High School NA 12.3 12.3
HS Diploma/GED NA 8.6 8.5
Some College/Associate Degree NA 7.6 7.6
Bachelor's Degree NA 5.9 6.1
Master's Degree or Higher NA 2.7 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)

###

Get Adobe Reader