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Home » News » New York State » NY Gains 15,800 Private Sector Jobs in May

NY Gains 15,800 Private Sector Jobs in May

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  • Staff Report 

New York added 15,800 private sector jobs in May 2024, boosting the total to 8,376,200, according to the state’s Department of Labor.

The state’s unemployment rate remained steady at 4.2%. The labor force participation rate also held at 61.3%, with a slight decrease of 7,800 in the labor force.

Nationally, private sector jobs also rose by 0.2% in May. Over the past year, New York’s private sector jobs increased by 126,000, or 1.5%, slightly below the U.S. increase of 1.6%.