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2.4%
- Unemployment Rate 2.4% Poverty Rate 4.9%
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Is New York state's unemployment rate seasonally adjusted?
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To recap last week’s statewide press release, New York State’s seasonally adjusted unemployment rate decreased from 4.5% in April to 4.4% in May 2022. Local Area Unemployment Rates* (%) May 2021 and May 2022. (not seasonally adjusted)
- Jobs and Unemployment Fact Sheet
- Advantage of Regression Model
- Benchmarking of Estimates
- Changes in Methodology
This fact sheet conveys important technical information that will contribute to a better understanding of labor force data (“household survey”), including resident employment/unemployment rates, and jobs by industry data (“business survey”), which are presented in the New York State Department of Labor’s monthly press release.
Use of a time-series regression model reduces the month-to-month variation in unemployment rates and resident employment by reducing variation caused by sampling errors and other components of statistical noise (irregularities).
Once each year, labor force estimates, such as civilian labor force and the unemployment rate, are revised to reflect updated input data including new Census Bureau populations controls, newly revised establishment jobs data and new state-level annual average data from the Current Population Survey (CPS). As part of this procedure, all state figure...
Labor force estimates are now produced with an improved time-series regression model, which utilizes “real-time” benchmarking. “Real-time” benchmarking reduces end-of-year revisions, which also means that major economic events will be reflected in a more timely manner in state labor force estimates. In addition, the new methodology includes an upda...
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Dec 2, 2023 · week’s statewide press release, New York State’s seasonally adjusted unemployment rate increased from 4.3% in November to 4.5% in December 2023. Local Area Unemployment Rates* (%) December 2022 and December 2023 (not seasonally adjusted)
Jun 8, 2021 · Deer Park-North Babylon Area Unemployment Decreases: Feds - Deer Park-North Babylon, NY - Suffolk County's unemployment rate decreased recently.
Unemployment Rate. 2.4% Poverty Rate. 4.9% Non-Citizens. 4.8% Poll. What one word or phrase best describes the people who live in your area? Based on 13 responses. Middle class. 92% Upper Middle Class. 8% Deer Park Demographics. Education Levels. National. Master's degree or higher. 17% 13% Bachelor's degree. 22% 21%
To recap last week’s statewide press release, New York State’s seasonally adjusted unemployment rate decreased from 8.9% in February to 8.5% in March 2021. Local Area Unemployment Rates* (%) March 2020 and March 2021. (not seasonally adjusted) March. 2021* Metro Areas.
Apr 22, 2024 · Download. Observation: Mar 2024: 4.3 (+ more) Updated: Apr 22, 2024 10:41 AM CDT. Units: Percent, Seasonally Adjusted. Frequency: Monthly. 1Y | 5Y | 10Y | Max. to. Edit Graph. Share Links. Account Tools. NOTES. Source: U.S. Bureau of Labor Statistics. Release: State Employment and Unemployment. Units: Percent, Seasonally Adjusted.
