Albany, NY (April 14, 2011) -
New York State's economy gained 5,000 private sector jobs, or 0.1%, in March 2011 on a seasonally adjusted basis, the State Labor Department reported today. Since New York's economic recovery began in November 2009, the state has added 119,500 private sector jobs. (Note: The Department's monthly economic index now indicates the state's economic recovery started in November 2009.)
In March 2011, New York's total nonfarm job count increased by 1,700, or less than 0.1%, to 8,584,600. 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 was 8.0% in March 2011, down from 8.2% in February. The number of unemployed New York State residents dropped from 786,600 in February to 767,000 in March 2011. Both the state's unemployment rate and number of unemployed were at their lowest levels since March 2009.
"During the current economic recovery, the state has added 119,500 private sector jobs. In March 2011, both the state's unemployment rate and number of unemployed were at their lowest levels since March 2009," said Bohdan Wynnyk, Chief of Labor Statistics, Division of Research and Statistics.
Note: When comparing different months, seasonally adjusted data provide the most valid comparison; for example, February 2011 versus March 2011. Non-seasonally adjusted data are valuable in year-to-year comparisons of the same month; for example, March 2010 versus March 2011.
1) Unemployment rates (seasonally adjusted)
New York State's seasonally adjusted unemployment rate dropped to a two-year low of 8.0% in March 2011. The U.S. unemployment rate also dropped, from 8.9% in February to 8.8% in March 2011. New York City's rate dropped from 8.9% to 8.7% over the month, while the rate outside of New York City slipped from 7.7% in February to 7.5% in March 2011.
| *Data are preliminary and subject to change. | |||
| March 2011* | February 2011 | March 2010 | |
|---|---|---|---|
| New York State | 8.0 | 8.2 | 8.8 |
| United States | 8.8 | 8.9 | 9.7 |
| New York City | 8.7 | 8.9 | 9.9 |
| NYS, outside NYC | 7.5 | 7.7 | 8.0 |
2) Regular Unemployment Insurance (UI), the four tiers of federal Emergency Unemployment Compensation (EUC08) and Extended Benefits (EB) data:
| Program Name | Description | Maximum Weeks of Benefits |
|---|---|---|
| Regular Unemployment Insurance (UI) | People who are unemployed through no fault of their own. Must remain ready, willing and able to work, and actively seek employment. | Up to 26 weeks |
| Emergency Unemployment Compensation (EUC08) Tiers 1 and 2 | The federal EUC08 program enacted on June 30, 2008 gave claimants who exhausted their regular UI 13 weeks of emergency benefits. Federal legislation signed on December 21, 2008 added 20 more weeks of emergency benefits, and federal legislation signed on November 6, 2009 added one additional week. | Up to 34 weeks |
| Emergency Unemployment Compensation (EUC08) Tiers 3 and 4 | Federal legislation signed on November 6, 2009 added yet another 19 weeks of emergency benefits in Tiers 3 and 4. Tier 4 (6 weeks of benefits) ended on August 15, 2010. | Up to 19 weeks |
| Extended Benefits (EB) | State legislation signed into law on May 20, 2009 offers more weeks of Extended Benefits (EB) for people who exhausted their EUC08 benefits. State legislation signed into law on March 28, 2011 extends these federally funded benefits through 2011. | Up to 20 weeks. |
Some important changes recently occurred in the Emergency Unemployment Compensation (EUC08) and the Extended Benefits (EB) programs. Federal legislation was signed into law, which extended the EUC08 program and 100% federal funding of the EB program through the end of 2011. On March 28, 2011, Governor Cuomo signed legislation that allows unemployed New Yorkers to receive federally funded EB through 2011.
For the EUC08 program:For the federally funded EB program:
Use the department's online Unemployment Insurance calculator to estimate the amount of unemployment benefits due. See the calculator on the Department of Labor's web site or go here: http://www.labor.ny.gov/ui/claimantinfo/UIBenefitsCalculator.shtm
See the table below for beneficiary data for these programs. During the week that included March 12, 2011, 533,473 people (including out-of-state claimants) received regular UI, EUC08, or EB. This includes 489,257 who live in New York State. Residents who received benefits under these programs made up 64% of the total unemployed in the state in March 2011.
| *Data are preliminary and subject to revision. Note: EUC08 Tier 1 began 7/13/2008; Tier 2 began 2/22/2009; Tier 3 began 11/15/2009; Tier 4 began 2/21/2010. EB began 5/24/2009. |
|||
| Program and Data Item* | March 2011 | February 2011 | March 2010 |
|---|---|---|---|
| Regular UI, reference week beneficiaries | 261,962 | 268,833 | 291,926 |
| Regular UI, year-to-date beneficiaries | 482,190 | 431,789 | 537,449 |
| EUC08, reference week beneficiaries | 206,996 | 210,403 | 366,374 |
| EUC08, year-to-date beneficiaries | 315,058 | 285,564 | 472,216 |
| EB, reference week beneficiaries | 64,524 | 70,889 | 7,181 |
| EB, year-to-date beneficiaries | 140,295 | 125,111 | 33,887 |
3) Jobs data (seasonally adjusted):
New York State and the U.S., February 2011 - March 2011
Note: All data reported in this section are seasonally adjusted. These data are most useful when comparing different months; for example, February 2011 versus March 2011.
The table below compares the over-the-month change in total nonfarm and private sector jobs in New York State and the United States between February and March 2011 (seasonally adjusted).
| Change in Total Nonfarm Jobs: | Change in Private Sector Jobs: |
|||
|---|---|---|---|---|
|
|
Net
|
%
|
Net
|
%
|
| New York State | +1,700 | 0.0% | +5,000 | +0.1% |
| U.S. | +216,000 | +0.2% | +230,000 | +0.2% |
4) Jobs data (not seasonally adjusted):
New York State, U.S., Major Regions, and Metro Areas: March 2010 - March 2011
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, March 2010 versus March 2011.
The table below compares the over-the-year change in total nonfarm and private sector jobs in New York State, the U.S., the Upstate and Downstate regions, and metro areas between March 2010 and March 2011 (not seasonally adjusted).
| Change in Total Nonfarm Jobs: | Change in Private Sector Jobs: |
|||
|---|---|---|---|---|
| Net | % | Net | % | |
| New York State | +58,800 | +0.7% | +93,400 | +1.4% |
| United States | +1,323,000 | +1.0% | +1,689,000 | +1.6% |
| Downstate NY (10-co. area) | +45,000 | +0.8% | +63,300 | +1.4% |
| New York City | +36,000 | +1.0% | +49,400 | +1.6% |
| Suburban Counties | +9,000 | +0.5% | +13,900 | +1.0% |
| Nassau-Suffolk | +8,000 | +0.7% | +10,300 | +1.0% |
| Putnam-Rockland-Westchester | +1,000 | +0.2% | +3,600 | +0.8% |
| Upstate NY (52-co. area) | +2,900 | +0.1% | +19,800 | +0.8% |
| Metro Areas | +3,900 | +0.2% | +17,000 | +0.9% |
| Albany-Schenectady-Troy | -3,400 | -0.8% | +3,100 | +1.0% |
| Binghamton | -200 | -0.2% | -100 | -0.1% |
| Buffalo-Niagara Falls | +2,500 | +0.5% | +3,800 | +0.9% |
| Glens Falls | +900 | +1.8% | +1,800 | +4.6% |
| Ithaca | +100 | +0.2% | +200 | +0.4% |
| Kingston | -600 | -1.0% | 0 | 0.0% |
| Poughkeepsie-Newburgh-Middletown | -300 | -0.1% | +1,500 | +0.8% |
| Rochester | +4,400 | +0.9% | +4,800 | +1.2% |
| Syracuse | +2,200 | +0.7% | +2,800 | +1.1% |
| Utica-Rome | -1,700 | -1.3% | -900 | -1.0% |
| Non-metro Counties | -1,000 | -0.2% | +2,800 | +0.6% |
Job highlights since March 2010:
5) Jobs data (not seasonally adjusted):
Change in jobs by major industry sector, March 2010 - March 2011
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, March 2010 versus March 2011.
The table below compares the over-the-year change in jobs in New York State by major industry sector between March 2010 and March 2011 (not seasonally adjusted).
| Sectors With Job Gains: | |
|---|---|
| Educational & Health Services | +36,800 |
| Professional & Business Services | +29,400 |
| Leisure & Hospitality | +21,300 |
| Financial Activities | +9,400 |
| Trade, Transportation & Utilities | +8,300 |
| Other Services | +6,300 |
| Information | +1,400 |
| Sectors With Job Losses: | |
| Government | -34,600 |
| Construction | -13,500 |
| Manufacturing | -5,900 |
| Natural Resources & Mining | -100 |
Highlights among NYS sectors with job gains since March 2010:
Highlights among NYS sectors with job losses since March 2010:
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. We survey 18,000 business establishments to get jobs data for New York State by industry. The jobs data do not include agricultural workers, the self-employed, unpaid family workers and domestic workers in private households.
See State and Area Job Data (opens in new window)
See Labor Market Overview (opens in new window)
See Jobs and Unemployment Fact Sheet (opens in new window)
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