New York
New York State, outside NYC, unemployment rate remains lower than national average
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NEW YORK — New York State has reported an additional month of gains for the economy.
The New York State Department of Labor has reported statistics for November 2020; confirming the seventh consecutive month of gains for the state economy.
According to the DOL, in November 36,300 new private sector jobs were added with statewide unemployment dropping to 8.4%/. The DOL stated that the states private sector job count grew faster in November than the national count.
Compared to October 2020, New York State saw a net increase of 29.5 thousand, or +0.3% change in total nonfarm jobs, and a net increase of 33.6 thousand, or 0.5% change in private sector jobs.
These rates are compared to the National rates below. All rates are seasonally adjusted.
| Change in total nonfarm jobs | Change in private sector jobs | |||
| Net | % | Net | % | |
| New York State | +29,500 | +0.3 | +36,300 | +0.5 |
| United States | +245,000 | +0.2 | +344,000 | +0.3 |
Additionally, in November, New York State saw a decrease in the average unemployment rate. In November 2020, the statewide unemployment rate fell to 8.4%, with all areas outside of New York City falling to 5.7%. However, these rates are still an increase compared to the same timeframe last year due to the COVID-19 pandemic.
November 2020 unemployment rates, compared to previous rates are outlined below. All rates are seasonally adjusted.
| November 2020 | October 2020 | November 2019 | |
| New York State (outside of NYC) | 5.7% | 6.5% | 4.1% |
| New York City | 12.1% | 13.0% | 3.6% |
| New York State | 8.4% | 9.2% | 3.9% |
| United States | 5.7% | 6.9% | 3.5% |
According to the DOL, the number of private sector jobs in New York State is based on a payroll survey of 18 thousand New York businesses.
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