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| Source: New York State Department of Labor |
Albany, NY - In June 2018, New York State’s private sector
job count rose by 15,000, or 0.2%, to 8,185,900, a new, all-time employment
high, according to preliminary figures released today by the New York State
Department of Labor. New York’s statewide unemployment rate was unchanged at
4.5% in June 2018. This unemployment rate matches New York State’s lowest level
since June 2007. In addition, the number of unemployed New Yorkers fell in
June, from 437,500 to 430,500, reaching its lowest level since May 2007.
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 become available the following
month. The federal government calculates New York State’s unemployment rate
based partly upon the results of the Current Population Survey, which contacts
approximately 3,100 households in New York State each month.
