Albany, NY (June 16, 2011) -
New York State's seasonally adjusted unemployment rate was 7.9% in May 2011 - unchanged from April's rate - the State Labor Department reported today. The number of unemployed New Yorkers declined by 800, from 752,900 in April to 752,100 in May.
The state's economy lost 21,200 private sector jobs, or 0.3%, in May 2011. Since the state's economic recovery began in November 2009, New York has recouped 45%, or 148,700, of the private sector jobs lost during the recession in 2008-2009.
"New York State's unemployment rate held steady at 7.9% between April and May 2011. We remained well below the nation's unemployment rate, which increased from 9.0% to 9.1% over the same period," 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, April 2011 versus May 2011. Non-seasonally adjusted data are valuable in year-to-year comparisons of the same month; for example, May 2010 versus May 2011.
1) Unemployment rates (seasonally adjusted)
In May 2011, New York State's unemployment rate remained unchanged at 7.9%. The U.S. rate ticked up from 9.0% in April to 9.1% in May 2011.
|*Data are preliminary and subject to change.|
|May 2011*||April 2011||May 2010|
|New York State||7.9||7.9||8.6|
|New York City||8.6||8.6||9.6|
|NYS, outside NYC||7.3||7.4||7.9|
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.||Currently, up to 13 weeks|
|Extended Benefits (EB)||State legislation signed into law on May 20, 2009 offered more weeks of Extended Benefits (EB) for people who exhausted their EUC08 benefits. State legislation signed into law by Gov. Cuomo on March 28, 2011 extended the state's potential eligibility for these federally funded benefits through 2011. Because New York State's 3-month average total unemployment rate dropped to 7.9% as of May 2011, the number of EB weeks available to the unemployed will be reduced from 20 to 13 after the week ending July 10, 2011.||Up to 20 weeks through July 10, 2011. Up to 13 weeks after the week ending July 10, 2011.|
Under the Extended Benefits (EB) law, if the three-month average seasonally adjusted unemployment rate falls below 8.0%, then the number of available weeks of EB decreases from 20 to 13. For the three months ending May 2011, New York State's average unemployment rate was 7.9%, reflecting the state's continued economic recovery. As a result, only 13 weeks of EB benefits will be available to the unemployed in New York State after the week ending July 10, 2011. EB is available to the unemployed after regular and emergency unemployment compensation is exhausted. Currently, the maximum number of weeks of all unemployment benefits available to claimants in New York is 93 weeks. After July 10, the maximum weekly benefits will decrease to 86 weeks.
In December 2010, 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 into law that allows unemployed New Yorkers to receive federally funded EB through 2011 as long as the state's unemployment rate triggers an extended benefit period.
For the EUC08 program:
For the federally funded EB program:
Claimants are encouraged to 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 May 12, 2011, 466,318 people (including out-of-state claimants) received regular UI, EUC08, or EB. This includes 426,324 who live in New York State. Residents who received benefits under these programs made up 57% of the total unemployed in the state in May 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*||May 2011||April 2011||May 2010|
|Regular UI, reference week beneficiaries||206,223||225,544||232,125|
|Regular UI, year-to-date beneficiaries||571,406||527,559||628,219|
|EUC08, reference week beneficiaries||202,851||201,154||309,264|
|EUC08, year-to-date beneficiaries||374,145||343,377||534,422|
|Extended UI, reference week beneficiaries||57,261||60,616||19,506|
|Extended UI year-to-date beneficiaries||167,219||153,685||57,766|
3) Jobs data (seasonally adjusted):
The U.S. and New York State, April 2011 - May 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 April and May 2011.
Total Nonfarm Jobs:
(private sector + government)
Private Sector Jobs:
|New York State||-24,700||-0.3%||-21,200||-0.3%|
4) Jobs data (not seasonally adjusted):
U.S., New York State, Major Regions, and Metro Areas: May 2010 - May 2011
The table below compares the over-the-year change in total nonfarm and private sector jobs in the U.S., New York State, the Upstate and Downstate regions, and metro areas in New York State between May 2010 and May 2011.
Total Nonfarm Jobs:
(private sector + government)
Private Sector Jobs:
|New York State||+23,600||+0.3%||+97,900||+1.4%|
|Downstate NY (10-co. area)||+5,400||+0.1%||+55,700||+1.2%|
|New York City||+9,900||+0.3%||+48,100||+1.5%|
|Upstate NY (52-co. area)||-1,500||-0.0%||+26,900||+1.1%|
Job highlights since May 2010:
5) Jobs data (not seasonally adjusted):
Change in jobs by major industry sector, May 2010 - May 2011
The table below compares the over-the-year change in jobs in New York State by major industry sector between May 2010 and May 2011.
|Sectors With Job Gains:|
|Professional & Business Services||+30,200|
|Educational & Health Services||+29,300|
|Leisure & Hospitality||+17,900|
|Trade, Transportation & Utilities||+9,300|
|Sectors With Job Losses:|
|Natural Resources & Mining||-100|
Highlights among NYS sectors with job gains since May 2010:
Highlights among NYS sectors with job losses since May 2010:
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.