New York Unemployment
According to the BLS current population survey (CPS), the unemployment rate for New York fell 0.1 percentage points in March 2023 to 4.1%. The state unemployment rate was 0.6 percentage points higher than the national rate for the month. The unemployment rate in New York peaked in May 2020 at 16.6% and is now 12.5 percentage points lower. From a post peak low of 3.9% in August 2022, the unemployment rate has now grown by 0.2 percentage points. You can also see New York unemployment compared to other states.
Unemployment Rate | March 2023 | Month/Month | Year/Year |
---|---|---|---|
National | 3.5% | -0.1 | -0.1 |
New York | 4.1% | -0.1 | -0.3 |
Note: All comparisons are made with March data as April state level unemployment data has not yet been released.
Unemployment Rate: New York, National
Note: Recessions shown in gray
New York Unemployed
The number of people unemployed in New York peaked in May 2020 at 1,569,673. There are now 1,178,057 fewer people unemployed in the state. From a recent trough of 370,386 in August 2022, the number of unemployed has now grown by 21,230. New York job growth data is also available.
Unemployed Persons | March 2023 | Month/Month | Year/Year |
---|---|---|---|
New York | 391,616 | -9,672 | -32,563 |
Number of Unemployed Persons
New York Unemployment History
Date | National Unemployment Rate |
New York Unemployment Rate |
New York Unemployed |
---|---|---|---|
April 2023 | 3.4% | — | — |
March 2023 | 3.5% | 4.1% | 391,616 |
February 2023 | 3.6% | 4.2% | 401,288 |
January 2023 | 3.4% | 4.2% | 402,570 |
December 2022 | 3.5% | 4.1% | 395,461 |
November 2022 | 3.6% | 4.1% | 398,445 |
October 2022 | 3.7% | 4.2% | 398,996 |
September 2022 | 3.5% | 4.0% | 388,014 |
August 2022 | 3.7% | 3.9% | 370,386 |
July 2022 | 3.5% | 4.0% | 380,936 |
June 2022 | 3.6% | 4.1% | 390,406 |
May 2022 | 3.6% | 4.1% | 398,337 |