In November 2020, the number of private sector jobs in New York State increased over the month by 0.5%, according to preliminary figures released today by the New York State Department of Labor. It brings the total number of private sector jobs to 7,385,800.
Officials said it represents the seventh straight month of job gains for the Empire State.
By comparison, the number of private sector jobs in the U.S. grew by 0.3% in November 2020. New York State’s private sector job count grew faster than the nation’s for the fifth straight month in November.
New York State’s seasonally adjusted unemployment rate decreased from 9.2% in October to 8.4% in November 2020.
The number of private sector jobs in New York State is based on a payroll survey of 18,000 New York businesses conducted by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS). Monthly payroll employment estimates are preliminary and subject to revision as more complete data become available the following month. The BLS calculates New York State’s unemployment rate based partly upon the results of the monthly Current Population Survey (CPS) of approximately 3,100 households in the State.
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