The difference in unemployment rates are big between areas of New York State and impact whether a community has recovered quickly or slowly economically.
For the whole state, the unemployment rate fell from 7.6% to 7.4% in Aug.
August saw a lot of changes for businesses as many restrictions began to be fully lifted.
In New York City, unemployment fell from 14.9% to 9.8% as the hospitality sector began to recover between Aug. of 2020 and 2021. Places relying heavily on tourism and hospitality have been hit the hardest, resulting in higher unemployment rates.
The Capitol Region, that does not rely on tourism as much, fell from 8% to 4.7% in the same timeframe as NYC.
Buffalo’s rates fell from 10.1% to 5.7% in the same time period.
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