Nys Dept Of Labor,Nys Unemployment
October 4, 2009
Nys Dept Of Labor,Nys Unemployment:New York State’s seasonally adjusted unemployment rate climbed from 8.6 percent in July to 9.0 percent in August 2009, its highest level since April 1983, the State Labor Department reported today. New York City’s rate also increased, jumping from 9.5 percent in July to 10.3 percent in August, its highest level since May 1993. In August 2009, the number of unemployed in New York State and New York City increased to 874,300 and 415,800, respectively, their highest levels on record (current data extend back to 1976). After seasonal adjustment, New York State’s private sector job count decreased by 2,200, or less than 0.1 percent, to 7,083,300 in August 2009. The statewide total nonfarm job count (private plus public sectors) decreased over the month by 3,800, or less than 0.1 percent, to 8,645,400 in August 2009.
“Our latest labor market report indicates that employers in New York State cut jobs at a more modest pace than employers nationwide and our statewide unemployment rate remained below the nation’s rate. However, the number of unemployed New Yorkers in August reached its highest recorded level,” said Peter A. Neenan, Ph.D., Director of the Division of Research and Statistics.
Note: When comparing different months, seasonally adjusted data provide the most valid comparison, for example, July 2009 versus August 2009. Non-seasonally adjusted data are valuable in year-to-year comparisons of the same month, for example, August 2008 versus August 2009.
1.) Unemployment rates (seasonally adjusted):
New York State’s unemployment rate, after seasonal adjustment, increased from 8.6 percent in July to 9.0 percent in August 2009. In August 2008, the state’s rate was 5.7 percent. The U.S. rate was 9.7 percent in August 2009, up from 9.4 percent in July. In August 2008, the nation’s rate was 6.2 percent. New York City’s rate increased from 9.5 percent in July 2009 to 10.3 percent in August 2009. In August 2008, the city’s rate was 5.9 percent. The rate outside of New York City was 8.0 percent in August 2009, up from July’s 7.9 percent. In August 2008, the rate outside of New York City was 5.5 percent.more info
