NY’s unemployment rate drops, but still lags behind national rate

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New York State’s unemployment rate decreased from 7.4 percent to 7.1 percent between November and December, the lowest level since January 2009, but it still is behind the national unemployment rate.

The state Labor Department said New York makes up about 6.5 percent of the nation’s jobs and accounted for 12 percent of private-sector job growth nationally in December.

But the national unemployment rate was 6.7 percent in December. It was 8.1 percent in New York City and 6.3 percent for the rest of the state.

During December, the state’s economy added 10,400 private-sector jobs to an all-time high of 7.5 million.

“The Empire State’s economy continued to provide us with good news in December 2013. First, the state’s unemployment rate improved in December, falling to 7.1%, its lowest level since January 2009. In addition, our state’s private sector job count climbed by 10,400 to 7,503,700, reaching another all-time high,” said Bohdan Wynnyk, deputy director of the Division of Research and Statistics at the state Labor Department.

In the 10-county downstate region, private-sector jobs grew by 2.6 percent over the past year. It increased the most in New York City (+2.8%) and Long Island (+2.5%).

In the 52-county upstate region, the private-sector job count grew by 0.6. It was up the most in Glens Falls (+2.3%); Utica-Rome (+1.7%) and Syracuse (+1.5%).

The two areas to see a decline was in the Poughkeepsie-Newburgh-Middletown (-2.0 %) area and Ithaca (-0.5%). Binghamton and Elmira were flat over the past year.

Job growth Dec. 2013

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