NYSDOL
chris.white@labor.ny.gov May 16, 2013
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NYS Adds 23,800 Private Sector Jobs in April 2013, Reaching All-Time Jobs HighState’s Unemployment Rate Falls to Lowest Level in More than Four Years |
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The New York State economy added 23,800 private sector jobs, for a growth rate of 0.3%, in April 2013, according to preliminary figures released today by the State Department of Labor. As a result, New York reached an all-time high private sector job count of 7,452,100 in April 2013. Since the onset of Governor Andrew M. Cuomo's administration, the New York State economy has added 339,000 private sector jobs. The state's private sector job count is based on a payroll survey of 18,000 New York employers conducted by the U.S. Department of Labor. Between March and April 2013, New York State's unemployment rate fell from 8.2% to 7.8%, its lowest level since March 2009. In addition, the number of unemployed state residents fell by 35,700 to 748,500. The unemployment rate in New York City also decreased over the month from 8.9% to 8.4%. The unemployment rate in the balance of state region (New York State outside of New York City) fell from 7.7% to 7.4%. The federal government calculates New York's unemployment rate partly based upon the results of a monthly telephone survey of 3,100 households in the state conducted by the U.S. Bureau of Labor Statistics. Monthly employment estimates are provided by the U.S. Department of Labor, and are preliminary and subject to revision as more information becomes available the following month. After revision, the state's estimated total non-farm job count for March 2013 was revised upwards by 2,300. As a result, the February-March change in non-farm jobs showed a gain of 13,500 rather than the preliminary estimated gain of 11,200. In addition, the state's private sector job gain from February to March was revised upward from 14,100 to 16,300. "The New York State economy continued on its upward trend in April 2013. We saw our seasonally adjusted private sector job count grow by 23,800, or 0.3%, to 7,452,100, an all-time high. Accompanying this job growth was a drop in the state's unemployment rate, which declined over the month from 8.2% to 7.8%," 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, April 2012 versus April 2013. 1) Jobs data (seasonally adjusted): U.S. and New York State, March 2013 - April 2013 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 March 2013 and April 2013.
2) Unemployment rates (seasonally adjusted): The state's unemployment rate, as determined by the U.S. Bureau of Labor Statistics, is calculated primarily from the results of a telephone survey of 3,100 households in New York State. The statewide rate fell from 8.2% in March to 7.8% in April 2013. In addition, the number of unemployed New Yorkers decreased over the month -- from 784,200 in March 2013 to 748,500 in April 2013.
3) Jobs data (not seasonally adjusted): U.S., New York State, Major Regions, and Metro Areas: April 2012 - April 2013 The table that follows compares the over-the-year change in total nonfarm and private sector jobs that occurred in the United States, New York State, the Upstate and Downstate regions, and metro areas in the state between April 2012 and April 2013.
Job highlights since April 2012:
4) Jobs data (not seasonally adjusted): Change in jobs by major industry sector, April 2012 - April 2013 The table below compares the over-the-year change in jobs by major industry sector in New York State occurring between April 2012 and April 2013.
Highlights among NYS sectors with job gains since April 2012:
Highlights among NYS sectors with job losses since April 2012:
5) Regular Unemployment Insurance (UI) and Emergency Unemployment Compensation (EUC): For New York State, during the week that included April 12, 2013, there were 341,383 people (including 313,346 who live in the state) who received benefits under:
New York State residents who received Unemployment Insurance benefits made up 42% of the total unemployed in the state in April 2013. See the table below for the maximum number of weeks available under current federal regulations.
We encourage people to use the Department's online Unemployment Insurance calculator to estimate how many weeks of benefits they may receive. See the calculator on the State Department of Labor's website or go here: http://www.labor.ny.gov/ui/claimantinfo/UIBenefitsCalculator.shtm
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 the 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. In New York State, jobs data by industry come from a monthly survey of 18,000 business establishments. Jobs data by industry do not include agricultural workers, the self-employed, unpaid family workers, or domestic workers in private households.
See State and Area Job Data (opens in new window) |
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