New York Unemployment
According to the BLS current population survey (CPS), the unemployment rate for New York rose 0.1 percentage points in November 2023 to 4.3%. 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 12.3 percentage points lower. From a post peak low of 3.9% in August 2022, the unemployment rate has now grown by 0.4 percentage points. You can also see New York unemployment compared to other states.
Unemployment Rate | November 2023 | Month/Month | Year/Year |
---|---|---|---|
National | 3.7% | -0.1 | +0.1 |
New York | 4.3% | +0.1 | +0.2 |
Note: All comparisons are made with November data as December 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 1,149,052 fewer people unemployed in the state. From a recent trough of 370,386 in August 2022, the number of unemployed has now grown by 50,235. New York job growth data is also available.
Unemployed Persons | November 2023 | Month/Month | Year/Year |
---|---|---|---|
New York | 420,621 | +11,145 | +22,176 |
Number of Unemployed Persons
New York Unemployment History
Date | National Unemployment Rate |
New York Unemployment Rate |
New York Unemployed |
---|---|---|---|
December 2023 | 3.7% | — | — |
November 2023 | 3.7% | 4.3% | 420,621 |
October 2023 | 3.8% | 4.2% | 409,476 |
September 2023 | 3.8% | 4.0% | 392,495 |
August 2023 | 3.8% | 3.9% | 384,655 |
July 2023 | 3.5% | 3.9% | 380,191 |
June 2023 | 3.6% | 3.9% | 383,946 |
May 2023 | 3.7% | 3.9% | 382,194 |
April 2023 | 3.4% | 4.0% | 384,883 |
March 2023 | 3.5% | 4.1% | 391,595 |
February 2023 | 3.6% | 4.2% | 401,288 |
January 2023 | 3.4% | 4.2% | 402,570 |