New York’s Economic Recovery Among Strongest in Nation
ALBANY, NY (05/17/2012)(readMedia)– Since the beginning of the state’s economic recovery in November 2009, New York State has added 335,100 private sector jobs and regained all of the private sector jobs it lost during the recession, the State Labor Department reported today. New York State’s economy added 100 private sector jobs in April 2012. The state’s private sector job count now stands at 7,319,600 – an all-time high. Only five states – including New York – have more private sector jobs today than they did before the recession.
Although the state’s unemployment rate of 8.5% remained unchanged from March to April 2012, the number of unemployed New Yorkers declined by 3,000 from 810,700 in March to 807,700 in April 2012. In order to have achieved a decline in the unemployment rate from 8.5% to 8.4%, the number of the unemployed would have required a decrease of 4,500.
“The statistics show New York grew and continues to grow jobs in the private sector, and we are seeing that growth reflected in the number of job seekers returning to work. In April, the number of unemployed state residents fell by 3,000,” 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, April 2011 versus April 2012.
1) Unemployment rates (seasonally adjusted):
The state’s unemployment rate for April 2012 held steady at 8.5%. The number of unemployed New Yorkers decreased over the month — from 810,700 in March to 807,700 in April 2012.
Unemployment Rates (%)*
| April 2012* | March 2012 | April 2011 | |
| United States | 8.1 | 8.2 | 9.0 |
| New York State | 8.5 | 8.5 | 8.0 |
| New York City | 9.5 | 9.7 | 8.8 |
| NYS, outside NYC | 7.7 | 7.6 | 7.5 |
*Data are preliminary and subject to change, based on standard procedures outlined by the U.S. Bureau of Labor Statistics.
See Jobs and Unemployment Fact Sheet
For the complete report, please see the attached NYSDOL May 17, 2012 Job Numbers Report.



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