State Loses 2,500 Private Sector Jobs Over the Month
"New York State's unemployment rate at 8.6 percent remained well below the nation's rate of 10.0 percent in November 2009. Moreover, employers in the state cut jobs over the past year at a more modest pace than those in the nation as a whole. While the latest data suggest improvement, it is too early to establish a clear trend," 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, October 2009 versus November 2009. Non-seasonally adjusted data are valuable in year-to-year comparisons of the same month, for example, November 2008 versus November 2009.
1.) Unemployment rates (seasonally adjusted):
New York State's unemployment rate, after seasonal adjustment, decreased from 9.0 percent in October 2009 to 8.6 percent in November 2009. In November 2008, the state's rate was 6.3 percent. The U.S. rate was 10.0 percent in November 2009, down from 10.2 percent in October. In November 2008, the nation's rate was 6.8 percent. New York City's rate decreased from 10.3 percent in October 2009 to 10.0 percent in November 2009. In November 2008, the city's rate was 6.7 percent. The rate outside of New York City decreased from 8.0 percent in October 2009 to 7.6 percent in November 2009. In November 2008, the rate outside of New York City was 6.0 percent.
| November 2009* | October 2009 | November 2008 | |
| New York State | 8.6 | 9.0 | 6.3 |
| United States | 10.0 | 10.2 | 6.8 |
| New York City | 10.0 | 10.3 | 6.7 |
| NYS, excluding NYC | 7.6 | 8.0 | 6.0 |
| *Data are preliminary and subject to change. |
2.) Regular Unemployment Insurance, Emergency Unemployment Compensation (EUC08) and Extended Benefits (EB) data (not seasonally adjusted):
Under the regular Unemployment Insurance (regular UI) program, individuals who are involuntarily unemployed through no fault of their own may be eligible for up to 26 weeks of benefits as long as they remain ready, willing and able to work, and are actively seeking employment. Under the temporary federal Emergency Unemployment Compensation (EUC08) program, enacted on June 30, 2008 as part of the Economic Stimulus Act of 2008, claimants who have exhausted their 26 weeks of regular benefits are eligible to receive up to 13 weeks of additional benefits. Federal legislation signed into law on November 21, 2008 added up to 20 more weeks to the original 13 weeks of EUC08 benefits.
State legislation signed into law on May 20, 2009 provides additional weeks of Extended Benefits (EB) for individuals who have exhausted their EUC08 benefits. Currently, up to 20 weeks of EB are available because the State's three-month average seasonally adjusted unemployment rate exceeds 8.0 percent (the thresholds for 13 weeks and 20 weeks of EB are three-month average seasonally adjusted unemployment rates of 6.5 percent and 8.0 percent, respectively). Reference week beneficiaries data for these programs are noted below. (Note: For these programs, the reference week refers to the week containing the 12th day of the month.)
On November 9, 2009, legislation was signed that provides up to 20 weeks of additional EUC benefits to the long-term unemployed who exhaust 26 weeks of regular UI and the previously enacted 33 weeks of EUC benefits. Only 14 of these 20 weeks are currently available in New York State because the ARRA legislation passed earlier in 2009 limits individuals' ability to transition from one tier of EUC to the next after December 31, 2009. New legislation extending the December 31 end date would need to be enacted to enable New York State to pay the remaining six weeks of the recently-authorized EUC benefits.
| Program and Data Item* | November 2009 | October 2009 | November 2008 |
| Regular UI, reference week beneficiaries |
254,420
|
251,932
|
181,944
|
| Regular UI, year-to-date beneficiaries |
1,008,609
|
966,045
|
650,167
|
| EUC08, reference week beneficiaries |
281,135
|
217,901
|
46,724
|
| EUC08, year-to-date beneficiaries |
509,887
|
470,179
|
154,237
|
| EB, reference week beneficiaries |
47,315
|
50,925
|
NA
|
| EB, year-to-date beneficiaries |
120,820
|
114,843
|
NA
|
| *Data are preliminary and subject to revision. |
3.) Job data (seasonally adjusted):
New York State and the nation, October 2009-November 2009:
The number of private sector jobs in New York State decreased by 2,500, or less than 0.1 percent, to 7,052,200 in November 2009, on a seasonally adjusted basis. Nationally, the number of private sector jobs also decreased by less than 0.1 percent over the same period. After seasonal adjustment, the number of nonfarm jobs (private plus public sectors) in the state decreased over the month by 6,100, or 0.1 percent, to 8,547,400 in November 2009. Nationally, the number of seasonally adjusted nonfarm jobs also decreased by less than 0.1 percent in November.
4.) Nonfarm jobs since November 2008 (not seasonally adjusted):
| Total nonfarm jobs | -211,600 | ||
| Private sector jobs | -194,800 |
Since November 2008, the number of nonfarm jobs (private plus public sectors) in New York State decreased by 211,600, or 2.4 percent, and the number of private sector jobs decreased by 194,800, or 2.7 percent. Nationally, the number of nonfarm jobs decreased by 3.4 percent and the number of private sector jobs decreased by 4.0 percent between November 2008 and November 2009.
Educational and health services (+41,300) was the only major sector to add jobs over the November 2008-November 2009 period, with increases in both health care and social assistance (+26,100) and educational services (+15,200).
Trade, transportation and utilities (-51,900) registered the largest over-the-year drop among declining sectors, with losses concentrated in the economically-sensitive wholesale and retail trade industry group (-39,900). Manufacturing lost 42,600 jobs between November 2008 and November 2009 with most of the loss in durable goods (-34,500), especially fabricated metal product manufacturing (-6,500). Professional and business services lost 41,800 jobs over the year with losses concentrated in administrative and support services (-22,200), especially employment services (-17,400), and in professional, scientific, and technical services (-20,600), especially legal services (-8,200). Construction (-36,000) had the next largest set of losses, with specialty trade contractors (-25,000) experiencing the largest decline within that sector. Job losses in financial services (-30,600) were centered in the securities industry (-18,800). Jobs also decreased over the year in information, government, leisure and hospitality, other services, and natural resources and mining.
| Change in Jobs by Sector, November 2008 - November 2009 |
|||
| Sector with Job Gain: | |||
| Educational & Health Services | +41,300 | ||
| Sectors with Job Losses: | |||
| Trade, Transportation & Utilities | -51,900 | ||
| Manufacturing | -42,600 | ||
| Professional & Business Services | -41,800 | ||
| Construction | -36,000 | ||
| Financial Activities | -30,600 | ||
| Information | -18,400 | ||
| Government | -16,800 | ||
| Leisure & Hospitality | -10,500 | ||
| Other Services | -4,100 | ||
| Natural Resources & Mining | -200 | ||
5.) Nonfarm jobs since October 2009 (not seasonally adjusted):
| Total nonfarm jobs | +14,000 | ||
| Private sector jobs | +6,400 |
In November 2009, New York State had 8,650,100 total nonfarm jobs, including 7,133,700 private sector jobs. From October 2009 to November 2009, the number of nonfarm jobs increased by 14,000 and the number of private sector jobs increased by 6,400. On average, in the previous ten years, the number of nonfarm jobs in New York increased by 39,100 from October to November, and the number of private sector jobs increased by 26,500.
The not seasonally adjusted job count increased over the month in trade, transportation and utilities (+22,200), educational and health services (+9,900), government (+7,600), professional and business services (+2,500), and other services (+1,200). The job count decreased over the month in leisure and hospitality (-12,100), construction (-10,500), manufacturing (-4,300), information (-1,200), financial activities (-1,100), and natural resources and mining (-200).
6.) New York State nonfarm job highlights since October 2009 (not seasonally adjusted):
Trade, transportation and utilities
This month's increase reflected employment gains in retail trade, particularly at general merchandise stores.
Educational and health services
Most of this sector's over-the-month employment increase occurred in health care and social assistance, especially individual and family services.
Government
Overall sector employment increased over the month with gains occurring at the local government level, especially local elementary and secondary schools.
Professional and business services
Over-the-month job increases in this sector were largest in management of companies and enterprises and in administrative and support services, especially employment services.
Other services
This sector's November job gains were centered in religious, grantmaking, civic, professional and similar organizations.
Natural resources and mining
The employment count in natural resources and mining experienced its typical October-November decline.
Financial activities
Sector employment decreased over the month with losses occurring in both finance and insurance and in real estate and rental and leasing.
Information
Sector employment losses in November were centered in telecommunications.
Manufacturing
The over-the-month decline in manufacturing employment was centered in non-durable goods, especially apparel manufacturing.
Construction
Construction sector employment decreased seasonally in November, particularly among specialty trade contractors.
Leisure and hospitality
Seasonal losses in arts, entertainment and recreation (especially amusement, gambling and recreation industries), and in accommodation and food services contributed to this sector's over-the-month job losses.
7.) Metropolitan Areas:
Job Growth and Unemployment Rates (not seasonally adjusted):
Note: All data reported in this section are not seasonally adjusted; the most valid comparisons with this type of data are year-to-year comparisons of the same month, for example, November 2008 versus November 2009.
Albany-Schenectady-Troy: Since November 2008, the number of nonfarm jobs has decreased by 10,600, or 2.3 percent, and the number of private sector jobs has decreased by 7,600, or 2.2 percent. The area's unemployment rate was 6.7 percent in November 2009, compared with 7.0 in October and 5.3 in November 2008.
Binghamton: Since November 2008, the number of nonfarm jobs has decreased by 2,900, or 2.5 percent, and the number of private sector jobs has decreased by 3,100, or 3.4 percent. The area's unemployment rate was 8.2 percent in November 2009, compared with 8.3 in October and 6.1 in November 2008.
Buffalo-Niagara Falls: Since November 2008, the number of nonfarm jobs has decreased by 13,800, or 2.5 percent, and the number of private sector jobs has decreased by 12,000, or 2.6 percent. The area's unemployment rate was 8.0 percent in November 2009, compared with 8.2 in October and 6.3 in November 2008.
Glens Falls: Since November 2008, the number of nonfarm jobs has decreased by 1,800, or 3.3 percent, and the number of private sector jobs has decreased by 1,300, or 3.1 percent. The area's unemployment rate was 8.1 percent in November 2009, compared with 7.5 in October and 6.5 in November 2008.
Ithaca: Since November 2008, the number of nonfarm jobs has decreased by 800, or 1.2 percent, and the number of private sector jobs has decreased by 900, or 1.6 percent. The area's unemployment rate was 5.3 percent in November 2009, compared with 5.5 in October and 4.3 in November 2008.
Kingston: Since November 2008, the number of nonfarm jobs has decreased by 800, or 1.3 percent, and the number of private sector jobs has decreased by 1,000, or 2.1 percent. The area's unemployment rate was 7.5 percent in November 2009, compared with 7.7 in October and 5.9 in November 2008.
Nassau-Suffolk: Since November 2008, the number of nonfarm jobs has decreased by 34,800, or 2.7 percent, and the number of private sector jobs has decreased by 30,600, or 2.9 percent. The area's unemployment rate was 6.8 percent in November 2009, compared with 7.2 in October and 5.3 in November 2008.
New York City (five boroughs): Since November 2008, the number of nonfarm jobs has decreased by 95,200, or 2.5 percent, and the number of private sector jobs has decreased by 88,700, or 2.7 percent. The area's unemployment rate was 9.9 percent in November 2009, compared with 10.3 in October and 6.6 in November 2008.
Poughkeepsie-Newburgh-Middletown: Since November 2008, the number of nonfarm jobs has decreased by 6,400, or 2.5 percent, and the number of private sector jobs has decreased by 6,300, or 3.1 percent. The area's unemployment rate was 7.6 percent in November 2009, compared with 7.9 in October and 5.7 in November 2008.
Putnam-Rockland-Westchester: Since November 2008, the number of nonfarm jobs has decreased by 13,200, or 2.2 percent, and the number of private sector jobs has decreased by 11,800, or 2.4 percent. The area's unemployment rate was 6.7 percent in November 2009, compared with 7.1 in October and 5.2 in November 2008.
Rochester: Since November 2008, the number of nonfarm jobs has decreased by 8,600, or 1.6 percent, and the number of private sector jobs has decreased by 9,700, or 2.2 percent. The area's unemployment rate was 7.6 percent in November 2009, compared with 7.8 in October and 5.9 in November 2008.
Syracuse: Since November 2008, the number of nonfarm jobs has decreased by 6,500, or 2.0 percent, and the number of private sector jobs has decreased by 6,100, or 2.3 percent. The area's unemployment rate was 7.8 percent in November 2009, compared with 8.0 in October and 6.1 in November 2008.
Utica-Rome: Since November 2008, the number of nonfarm jobs has decreased by 1,900, or 1.4 percent, and the number of private sector jobs has decreased by 2,300, or 2.3 percent. The area's unemployment rate was 7.3 percent in November 2009, compared with 7.3 in October and 6.1 in November 2008.
Note: 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. Jobs data for New York are obtained from a survey of 18,000 business establishments. Jobs data exclude agricultural workers, the self-employed, unpaid family workers and domestic workers in private households.
See State and Area Unemployment Rates