Albany, NY (October 18, 2012) -
In September 2012, New York State's economy added 2,900 private sector jobs, bringing the state's job count to an all-time high of 7,337,000, the State Department of Labor reported today. In 2012, the state has added 107,200 private sector jobs. This year-to-date increase contributed to the state's overall recovery of 352,500 private sector jobs since November 2009. New York State is one of only five states in the country that have regained all of the private sector jobs lost in the recession.
The state's unemployment rate fell in September by 0.2% to 8.9%. In addition, the number of unemployed in the state declined by 23,200, from 871,600 to 848,400.
"September 2012 was a good month for our state's economy. The private sector job count grew by 2,900, continuing the trend of growth in the state and leading to an all-time high job count. Additionally, the number of unemployed New Yorkers declined by 23,200 and our statewide unemployment rate dropped by 0.2 percentage points," 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, September 2011 versus September 2012.
1) Jobs data (seasonally adjusted):
U.S. and New York State, August 2012 - September 2012
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 August 2012 and September 2012.
Change in Total Nonfarm Jobs: (private sector + government) | Change in Private Sector Jobs: |
|||
---|---|---|---|---|
|
Net
|
%
|
Net
|
%
|
United States | +114,000 | +0.1% | +104,000 | +0.1% |
New York State | +9,600 | +0.1% | +2,900 | +0.0% |
2) Unemployment rates (seasonally adjusted):
The state's unemployment rate, as determined by USDOL, is calculated primarily on the results of a telephone survey of 3,100 people. The rate decreased from 9.1% in August 2012 to 8.9% in September 2012. In addition, the number of unemployed New Yorkers decreased over the month -- from 871,600 in August 2012 to 848,400 in September 2012.
*Data are preliminary and subject to change, based on standard procedures outlined by the U.S. Bureau of Labor Statistics. | |||
September 2012* | August 2012 | September 2011 | |
---|---|---|---|
United States | 7.8 | 8.1 | 9.0 |
New York State | 8.9 | 9.1 | 8.3 |
New York City | 9.5 | 9.9 | 9.1 |
NYS, outside NYC | 8.4 | 8.6 | 7.6 |
3) Jobs data (not seasonally adjusted):
U.S., New York State, Major Regions, and Metro Areas: September 2011 - September 2012
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 September 2011 and September 2012.
Change in Total Nonfarm Jobs: (private sector + government) | Change in Private Sector Jobs: |
|||
---|---|---|---|---|
Net
|
%
|
Net
|
%
|
|
United States | +1,822,000 | +1.4% | +1,889,000 | +1.7% |
New York State | +135,200 | +1.6% | +134,300 | +1.9% |
Downstate NY (10-co. area) | +109,700 | +2.0% | +109,800 | +2.3% |
New York City | +95,800 | +2.5% | +92,600 | +2.9% |
Suburban Counties | +13,900 | +0.8% | +17,200 | +1.1% |
Nassau-Suffolk | +9,100 | +0.7% | +11,100 | +1.1% |
Putnam-Rockland-Westchester | +4,800 | +0.9% | +6,100 | +1.3% |
Upstate NY (52-co. area) | +16,400 | +0.5% | +20,400 | +0.8% |
Metro Areas | +16,000 | +0.6% | +17,000 | +0.8% |
Albany-Schenectady-Troy | +2,700 | +0.6% | +4,400 | +1.3% |
Binghamton | -300 | -0.3% | -300 | -0.4% |
Buffalo-Niagara Falls | -400 | -0.1% | -300 | -0.1% |
Elmira | -1,100 | -2.8% | -1,000 | -3.0% |
Glens Falls | +400 | +0.7% | +500 | +1.1% |
Ithaca | +2,800 | +4.4% | +2,100 | +3.9% |
Kingston | -300 | -0.5% | -200 | -0.4% |
Poughkeepsie-Newburgh-Middletown | +1,000 | +0.4% | +1,100 | +0.5% |
Rochester | +9,200 | +1.8% | +8,900 | +2.1% |
Syracuse | +500 | +0.2% | +100 | +0.0% |
Utica-Rome | +1,500 | +1.1% | +1,700 | +1.7% |
Non-metro Counties | +400 | +0.1% | +3,400 | +0.8% |
Job highlights since September 2011:
4) Jobs data (not seasonally adjusted):
Change in jobs by major industry sector, September 2011 - September 2012
The table below compares the over-the-year change in jobs by major industry sector in New York State between September 2011 and September 2012.
*The educational and health services industry is in the private sector. Government includes public education and health services. | |||
Sectors With Job Gains: | |||
---|---|---|---|
Professional & Business Services | +63,200 | ||
Educational & Health Services* | +41,700 | ||
Trade, Transportation & Utilities | +18,000 | ||
Leisure & Hospitality | +17,300 | ||
Other Services | +11,800 | ||
Financial Activities | +6,000 | ||
Government* | +900 | ||
Sectors With Job Losses: | |||
Construction | -12,500 | ||
Information | -6,600 | ||
Manufacturing | -4,500 | ||
Natural Resources and Mining | -100 |
Highlights among NYS sectors with job gains since September 2011:
Highlights among NYS sectors with job losses since September 2011:
5) Regular Unemployment Insurance (UI), Emergency Unemployment Compensation (EUC) and Extended Benefits (EB) programs:
For New York, during the week that included September 12, 2012, there were 381,460 people (including 348,335 who live in the state) who received benefits under:
New Yorker State residents who received Unemployment Insurance made up 41% of the total unemployed in the state in September 2012.
In February 2012, Congress passed an extension of EUC and EB through December 2012. However, since then there have been significant changes to the maximum number of weeks of benefits available to the unemployed in New York State. People who filed a new claim during the week that began June 25, 2012 or later are likely to only receive up to 26 weeks of regular UI.
See the table below for the maximum number of weeks available under the new federal regulations.
Program: | June 2012 | September 2012 | January 2013 |
---|---|---|---|
Regular UI | 26 | 26 | 26 |
EUC Tier 1
|
20 | 14 | 0 |
EUC Tier 2
|
14 | 14 | 0 |
EUC Tier 3
|
13 | 9 | 0 |
EUC Tier 4
|
6 | 0 | 0 |
EB | 0 | 20 | 0 |
We encourage people 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 the 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. Department of Labor. They 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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