Albany, NY (December 15, 2011) -
New York State's economy gained 34,400 private sector jobs in November 2011, the State Labor Department reported today. Since the state's economic recovery began in November 2009, New York has recouped 61%, or 202,700, of the private sector jobs lost during the 2008-2009 recession.
The state’s unemployment rate increased over the month, from 7.9% in October to 8.0% in November 2011. One factor contributing to the increase in the state’s unemployment rate was an increase in the size of the statewide labor force, which grew by 9,900 as more people re-entered the job market to look for work.
"The New York State economy added 34,400 private sector jobs in November 2011. This was the state's second largest monthly gain in private sector jobs since our economic recovery began in November 2009," 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, November 2010 versus November 2011.
1) Unemployment rates (seasonally adjusted):
In November 2011, New York State's unemployment rate was 8.0%, up slightly from October 2011's level of 7.9%. The U.S. unemployment rate dropped over the month -- from 9.0% in October to 8.6% in November 2011.
| *Data are preliminary and subject to change, based on standard procedures outlined by the U.S. Bureau of Labor Statistics. | |||
| November 2011* | October 2011 | November 2010 | |
|---|---|---|---|
| United States | 8.6 | 9.0 | 9.8 |
| New York State | 8.0 | 7.9 | 8.3 |
| New York City | 8.9 | 8.8 | 8.9 |
| NYS, outside NYC | 7.2 | 7.3 | 7.8 |
2) Jobs data (seasonally adjusted):
U.S. and New York State, October 2011 - November 2011
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 October 2011 and November 2011.
| Change in Total Nonfarm Jobs: (private sector + government) | Change in Private Sector Jobs: |
|||
|---|---|---|---|---|
|
|
Net
|
%
|
Net
|
%
|
| United States | +120,000 | +0.1% | +140,000 | +0.1% |
| New York State | +29,500 | +0.3% | +34,400 | +0.5% |
3) Jobs data (not seasonally adjusted):
U.S., New York State, Major Regions, and Metro Areas: November 2010 - November 2011
The table below compares the over-the-year change in total nonfarm and private sector jobs in the United States, New York State, the Upstate and Downstate regions, and metro areas in the state between November 2010 and November 2011.
| Change in Total Nonfarm Jobs: (private sector + government) | Change in Private Sector Jobs: |
|||
|---|---|---|---|---|
|
Net
|
%
|
Net
|
%
|
|
| United States | +1,588,000 | +1.2% | +1,859,000 | +1.7% |
| New York State | +86,100 | +1.0% | +95,300 | +1.3% |
| Downstate NY (10-co. area) | +20,600 | +0.4% | +28,900 | +0.6% |
| New York City | +23,500 | +0.6% | +27,000 | +0.8% |
| Suburban Counties | -2,900 | -0.2% | +1,900 | +0.1% |
| Nassau-Suffolk | -8,600 | -0.7% | -4,400 | -0.4% |
| Putnam-Rockland-Westchester | +5,700 | +1.0% | +6,300 | +1.4% |
| Upstate NY (52-co. area) | +9,500 | +0.3% | +16,700 | +0.7% |
| Metro Areas | +9,600 | +0.4% | +12,500 | +0.6% |
| Albany-Schenectady-Troy | -1,200 | -0.3% | +500 | +0.1% |
| Binghamton | +1,200 | +1.1% | +1,700 | +2.0% |
| Buffalo-Niagara Falls | 0 | 0.0% | +600 | +0.1% |
| Glens Falls | -100 | -0.2% | +600 | +1.4% |
| Ithaca | -1,600 | -2.4% | -1,800 | -3.1% |
| Kingston | 0 | 0.0% | +400 | +0.9% |
| Poughkeepsie-Newburgh-Middletown | -1,800 | -0.7% | -1,400 | -0.7% |
| Rochester | +8,700 | +1.7% | +8,600 | +2.0% |
| Syracuse | +1,200 | +0.4% | -300 | -0.1% |
| Utica-Rome | +3,200 | +2.4% | +3,600 | +3.7% |
| Non-metro Counties | -100 | -0.0% | +4,200 | +0.9% |
Job highlights since November 2010:
4) Jobs data (not seasonally adjusted):
Change in jobs by major industry sector, November 2010 - November 2011
The table below compares the over-the-year change in jobs by major industry sector in New York State between November 2010 and November 2011.
| *The educational and health services category is in the private sector. Government includes public education and health services. | |||
| Sectors With Job Gains: | |||
|---|---|---|---|
| Professional & Business Services | +35,700 | ||
| Educational & Health Services* | +27,700 | ||
| Leisure & Hospitality | +21,600 | ||
| Trade, Transportation & Utilities | +14,200 | ||
| Financial Activities | +5,800 | ||
| Construction | +5,200 | ||
| Sectors With Job Losses: | |||
| Government* | -9,200 | ||
| Other Services | -7,500 | ||
| Manufacturing | -4,300 | ||
| Information | -3,000 | ||
| Natural Resources and Mining | -100 | ||
Highlights among NYS sectors with job gains since November 2010:
Highlights among NYS sectors with job losses since November 2010:
5) Regular Unemployment Insurance (UI), Emergency Unemployment Compensation (EUC08) and Extended Benefits (EB) programs:
During the week that included November 12, 2011, 464,863 people (including 425,406 who live in New York State) received benefits under:
Residents who received benefits under these programs made up 56% of the total unemployed in the state in November 2011. The maximum number of weeks of unemployment benefits available to claimants in New York State is 93. The last week payable for EB in New York State is the week ending January 8, 2012, and the last week payable for EUC08 is the week ending June 10, 2012, unless Congress extends benefits.
People who filed a new claim during the week that began July 4, 2011, or later may only receive up to 26 weeks of regular UI. The unemployed are encouraged to use the Department's online Unemployment Insurance calculator to estimate how many weeks 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 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. 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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