New York continues to add private sector jobs
ALBANY, N.Y. — New York has added 126,200 private sector jobs since April 2014, according to the New York State Department of Labor.
Since the beginning of Gov. Andrew M. Cuomo’s administration, the state’s economy has added 626,100 private sector jobs and experienced employment growth in 45 of the past 52 months. In April 2015, the state’s private sector job count decreased by 18,300, or 0.2 percent, to 7,736,400.
The statewide unemployment rate in New York remained unchanged at 5.7 percent in April 2015, its lowest level since August 2008, according to preliminary figures released today by the New York State Department of Labor. New York City’s unemployment rate decreased over the month from 6.6% to 6.5%.
The state’s private sector job count is based on a payroll survey of 18,000 New York employers conducted by the U.S. Department of Labor’s Bureau of Labor Statistics. Monthly payroll employment estimates are preliminary and subject to revision as more data becomes available the following month. The federal government calculates New York’s unemployment rate partly based upon the results of the Current Population Survey, which contacts approximately 3,100 households in New York State each month.
“New York State’s economy has remained resilient, adding more than 125,000 private sector jobs over the past year. In addition, the state’s unemployment rate remained at its lowest level since August 2008,” said Bohdan M. Wynnyk, deputy director of the Division of Research and Statistics.