New York State Unemployment Rate

Are you seeking info about NYS unemployment rates by county? People may assume that New York State unemployment rate is increased due to 29,000 private sector jobs added in July 2010 according to NY State Labor Department report. Yes, NY unemployment rate held steady at 8.2%, remaining well below the nation’s rate of 9.5%.

This was the state’s largest monthly increase since April 2005. The total nonfarm job count in New York increased by 10,500 (+0.1%) in July 2010. The non-farm job count tracks all jobs in the private and public sectors. It does not count the self-employed or workers on farms.

In fact, New York State unemployment rate was unchanged at 8.2% in July 2010. The number of unemployed New York State residents dropped slightly, falling from 798,200 in June to 796,700 in July 2010. The statewide labor force fell by 28,700 over this period. When comparing different months, seasonally adjusted data provide the most valid comparison. Non-seasonally adjusted data are valuable in year-to-year comparisons of the same month; for example, July 2009 versus July 201

New York State’s seasonally adjusted unemployment rate held steady at 8.2% between June 2010 and July 2010. The U.S. unemployment rate was also unchanged over the month, remaining at 9.5% in July 2010. New York City’s rate decreased from 9.5% in June to 9.4% in July 2010. To get details about NYS unemployment rates by county, click here.

Source: NYS Department of Labor