May 05, 2021

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New York adds 61,200 private sector jobs in latest report; Economy grew 0.8%

Apr 16, 2021 | ,

According to preliminary figures released today by the New York State Department of Labor, the number of private sector jobs in New York State increased over the month by 61,200, or 0.8%, to 7,411,400 in March 2021. By comparison, the number of private sector jobs in the U.S. increased by 0.6% in March 2021.

New York State’s seasonally adjusted unemployment rate decreased from 8.9% to 8.5% in March 2021.

The number of private sector jobs in New York State is based on a payroll survey of 18,000 New York businesses conducted by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS).

Monthly payroll employment estimates are preliminary and subject to revision as more complete data become available the following month. The BLS calculates New York State’s unemployment rate based partly upon the results of the monthly Current Population Survey (CPS) of approximately 3,100 households in the State.

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