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Jobs report: Economic rebound lagging in New York, compared to other states

According to preliminary figures released by the New York State Department of Labor, the number of private sector jobs in New York State increased over the month by 9,800, or 0.1%, to 7,455,300 in June 2021. By comparison, the number of private sector jobs in the U.S. increased by 0.5% in June 2021.

New York State’s seasonally adjusted unemployment rate decreased from 7.8% to 7.7% in June 2021.

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.

DiSanto Propane (Billboard)

Statewide Industry Employment

June 2021 – Seasonally Adjusted

  • On a net basis, the total number of nonfarm jobs in the state increased by 17,800 over the month, while private sector jobs rose by 9,800, in June 2021.
  • At the same time, the total number of nonfarm jobs in the nation increased by 850,000, while private sector jobs increased by 662,000.

NYS Job Growth Lagged the Nation in June 2021

Over-the-Month % Change in Total Nonfarm & Private Sector Jobs, May – June 2021

NYS Job Growth Lagged the Nation in June 2021

Total Nonfarm and Private Sector Jobs Increased in June 2021

Total Nonfarm and Private Sector Jobs (in 1000s), January 1990 – June 2021

Total Nonfarm and Private Sector Jobs Increased in June 2021

Statewide Unemployment

June 2021 – Seasonally Adjusted

  • In June 2021, the statewide unemployment rate decreased from 7.8% to 7.7%.
  • New York City’s unemployment rate decreased over the month from 10.9% to 10.6%. Outside of New York City, the unemployment rate was unchanged at 5.5%.
  • The number of unemployed New Yorkers decreased over the month by 12,100, from 738,500 in May to 726,400 in June 2021.

NYS Unemployment Rate Fell by 0.1 Percentage Points in June 2021

Labor Force Statistics, June 2020, May – June 2021

NYS Unemployment Rate Fell by 0.1 Percentage Points in June 2021

Both the Labor Force and Number of Unemployed Fell in June 2021

Total Labor Force & Number of Unemployed, January 2010 – June 2021

Both the Labor Force and Number of Unemployed Fell in June 2021

NYS Unemployment Rate Decreased While US Rate Increased

Unemployment Rate, NYS and US, January 2010 – June 2021

NYS Unemployment Rate Decreased While Us Rate Increased

Unemployment Rate Fell in NYC, Unchanged in Balance of State

Unemployment Rate, NYS and BOS, January 2010 – June 2021

Unemployment Rate Fell in NYC, Unchanged in Balance of State

Substate and Industry Employment

June 2021 – Seasonally Adjusted

New York State Outpaced Nation in Over-the-Year Job Gains

Over-the-Year Change in Total Nonfarm & Private Sector Jobs, June 2020 – June 2021

New York State Outpaced Nation in Over-the-Year Job Gains

Note: The sum of sub-state area job estimates will usually differ from the New York State total. This is because the State total is calculated separately from the sub-state areas and is estimated based on an independent sample.

The Number of Leisure & Hospitality Jobs Increased by 46.5% Over the Year

Over-the-Year Change in Jobs by Major Industry Sector, June 2020 – June 2021

The Number of Leisure & Hospitality Jobs Increased by 46.5% Over the Year

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