New York added 16,400 private sector jobs in February
ALBANY, N.Y. — The U.S. Department of Labor has reported through its Bureau of Labor Statistics that for February, the State of New York added 16,400 private sector jobs. It brought employment in the state to an all time high of 7,751,400.
The state also has added 641,100 private sector jobs since Gov. Andrew W. Cuomo took office in 2011. The state has experienced job growth in 44 of the past 50 months.
The statewide unemployment rate in New York was unchanged at 5.8 percent in February 2015, remaining at its lowest level since September 2008, according to preliminary figures released today by the New York State Department of Labor. New York City’s unemployment rate increased over the month from 6.5 percent to 6.6 percent.
“New York State’s economy added 16,400 private sector jobs in February 2015, keeping pace with the nation, and helping us to reach an all-time private sector job high of more than 7.75 million. In addition, our state unemployment rate remained at its lowest level since 2008 – down nearly a full percentage point from this time last year,” said Bohdan M. Wynnyk, deputy director of the Division of Research and Statistics.