County Statistics for New York City: In New York City 413,800 people are unemployed – approximately 10.4 percent of the labor force.
What is the unemployment rate in New York state right now?
New York Unemployment Rate is at 4.60%, compared to 4.90% last month and 7.90% last year.
What is the unemployment rate in New York 2021?
6.9 percent
In 2021, the unemployment rate in New York was at 6.9 percent. This is a decrease from the previous year, when the unemployment rate stood at 9.9 percent, which was the highest recorded unemployment rate in the state since 1992.
Is unemployment high in New York?
The jobless rate jumps to 11.1%, not seasonally adjusted, in the Bronx, the highest of New York’s five boroughs, and even higher for Black New Yorkers, who were disproportionately impacted by job losses during the pandemic.
What percent of NYC is employed?
The city’s seasonally adjusted unemployment rate was 4.1 percent in September 2019, slightly down from August and up 0.2 of a percent from September 2018. New York State’s rate was 3.9 percent in September 2019. The share of the city’s working age population (16+) who were employed was 58.1 percent in September 2019.
Which state has the highest unemployment rate?
Unemployment rate by jurisdiction
| Rank | Rank (50 states) | State federal district or territory |
|---|---|---|
| 1 | — | American Samoa |
| — | — | Northern Mariana Islands |
| 2 | — | Puerto Rico |
| 3 | 1 | Nevada |
Why is NYC unemployment so high?
The city’s unemployment rate of 9.4 percent is more than double the national average, and its decline in recent months was largely caused by people dropping out of the labor force.
How many people are employed in NY?
As shown in Figure 1, the current expansion pushed employment in New York City to nearly 4.6 million jobs in 2018, about 19 percent (721,800) higher than the prerecession peak in 2008 and the previous peak in 1969 (both 3.8 million jobs).
What U.S. state has the lowest unemployment rate?
Nebraska and Utah had the lowest rates, at 1.9% each. The map below shows the most recent unemployment rate for every state, according to BLS data.
How is the economy in New York?
New York State’s GDP was over $1.5 trillion, 8 percent of the U.S. total. The State ranked 34th in the nation for economic growth, with real GDP growth of 1.1 percent from 2016, less than half the national increase. Washington ranked first among the states at 4.4 percent.
How long can you collect unemployment in NY?
26 weeks
You can file a claim for Unemployment Insurance (UI) if you worked in New York State within the last 18 months but are unemployed now. You can get up to 26 weeks of benefits while you are unemployed.
How many open jobs are in NYC?
There are 300,000 available jobs in New York City—so why is unemployment at 11.4%?
Which states are adding the most jobs?
The latest state-by-state job growth data is from December 2020.
Here are the 10 states with the largest change in jobs:
- Washington (1.03%)
- Idaho (1.03%)
- Florida (1.03%)
- Texas (1.03%)
- Arizona (1.03%)
- New Mexico (1.02%)
- South Dakota (1.02%)
- Alabama (1.02%)
What state has the most job opportunities 2022?
States with the Highest Employment Rates
- South Carolina. South Carolina has the highest employment rate in the United States of 97.7% (an unemployment rate of 2.3%).
- Utah. Utah is tied with South Carolina for the highest employment rate of 97.7%.
- Vermont.
- North Dakota.
- Colorado.
What city has the highest unemployment rate in the United States?
Cleveland-Elyria
As of March 2022, the unemployment rate was highest in the Cleveland-Elyria, OH metropolitan area, and stood at 6.7 percent.
| Characteristic | Unemployment rate |
|---|---|
| Birmingham-Hoover, AL | 2.3% |
| Salt Lake City, UT | 2.1% |
What is good cause for quitting a job in NY?
“Good cause” for quitting a job or decreasing your work hours includes: You lack state-standard child care during the hours of your work, including when you lack special needs child care for a disabled child. You have a family crisis or emergency that you have to deal with during your work hours.
Is New York city recovering?
New York City’s economic recovery stands at a score of 75 out of 100, according to the New York City Recovery Index, a joint project between Investopedia and NY1. Just over two years into the pandemic, New York City’s economic recovery is three-quarters of the way back to pre-pandemic levels.
How long is unemployment in NY 2022?
While triggered, HUP increases the maximum potential number of weeks for claimants on regular unemployment to 59 weeks and individuals on Pandemic Unemployment Assistance from 39 weeks to 46 weeks.
What state has best economy?
Utah
Utah. The Utah economy has been a powerhouse in recent decades, hence the reason why it takes the No. 1 spot. Over the last five years, Utah’s GDP grew by an excellent 19.1%, the second-highest growth rate for that period out of all 50 states.
What state has the highest unemployment 2021?
Looking at the annual average unemployment rate for 2021, California also ranks as the state with the highest unemployment rate at 7.7%, but it’s tied with Nevada and Hawaii, who both had annual average unemployment rates of 7.7% for 2021.
What is the highest unemployment rate in US history?
14.7%
The unemployment rate has varied from as low as 1% during World War I to as high as 25% during the Great Depression. More recently, it reached notable peaks of 10.8% in November 1982 and 14.7% in April 2020. Unemployment tends to rise during recessions and fall during expansions.
