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New York State
Department of Labor

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

New York State's Economy Added 2,500 Private Sector Jobs in August

State's Unemployment Rate Ticks Up by 0.1% to 8.3%

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Albany, NY (September 16, 2010) -

New York State's economy added 2,500 private sector jobs, growing by less than 0.1%, in August 2010, the State Labor Department reported today.  The total nonfarm job count in New York decreased by 2,300 (less than 0.1%) in August 2010.  The nonfarm job count tracks all jobs in the private and public sectors.  It does not count the self-employed or workers on farms.

New York State's seasonally adjusted unemployment rate increased from 8.2% in July 2010 to 8.3% in August 2010.  The number of unemployed New York State residents grew from 796,000 in July to 801,400 in August 2010.  The statewide labor force rose by 500 over this period.

"The recovery in New York State's labor market slowed somewhat in August as we only added 2,500 private sector jobs over the month.  In addition, our statewide unemployment rate increased from 8.2% to 8.3%, but remained well below the nation's rate of 9.6% in August," said Norman A. Steele, Deputy Director of the Division of Research and Statistics.

Note:  When comparing different months, seasonally adjusted data provide the most valid comparison; for example, July 2010 versus August 2010.  Non-seasonally adjusted data are valuable in year-to-year comparisons of the same month; for example, August 2009 versus August 2010.

Unemployment rates (seasonally adjusted)

New York State's seasonally adjusted unemployment rate increased from 8.2% in July 2010 to 8.3% in August 2010.  The U.S. unemployment rate also increased over the month, from 9.5% in July 2010 to 9.6% in August 2010.  New York City's rate remained unchanged at 9.4% between July and August 2010.  The rate in the rest of the state (outside of New York City) increased from 7.4% in July to 7.5% in August. 

Unemployment Rates* (seasonally adjusted)

 

August 2010*

  July 2010

August 2009

New York State

8.3

8.2

8.8

United States

9.6

9.5

9.7

New York City

9.4

9.4

10.1

NYS, outside NYC

7.5

7.4

7.9

*Data are preliminary and subject to change.

 

See State and Area Job Data

See State and Area Unemployment Rates

See Jobs and Unemployment Fact Sheet

See Labor Market Overview

For more information, please see the NYSDOL August 2010 Job Numbers Report.

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