Tuesday, November 26, 2013

State Labor Department Releases Preliminary October 2013 Area Unemployment Rates

  The State Labor Department today released preliminary local area unemployment rates for October 2013, which are calculated following procedures prescribed by the U.S. Bureau of Labor Statistics. The state’s unemployment rate relies in part on the results of a telephone survey of 3,100 households (out of more than 7 million) in New York State.

  It is a county by county look at unemployment numbers by the Department of Labor, Tompkins County once again has the lowest unemployment in the state, with a rate of just 4.8 percent, while The Bronx has the highest, 12.2 percent. Brooklyn was the second highest borough in the city at 9.6 percent. New York City as a whole it is said has fallen from 9 percent to 8.9 percent, surrounding areas outside of New York City fared much better going from 8.3 percent to 7.8 percent unemployment. The New York State unemployment rate was listed at 7.5 percent. 
  • The counties in New York State with the lowest unemployment rates include:
    • Tompkins County (4.8%)
    • Yates County (5.2%)
    • Hamilton County (5.3%)
    • Putnam County (5.5%)
    • Saratoga County (5.5%)
  • The counties in New York State with the highest unemployment rates include:
    • Bronx County (12.2%)
    • Kings County (9.6%)
    • Jefferson County (8.7%)
    • Orleans County (8.5%)
    • St. Lawrence County (8.3%)

Labor force statistics, including the unemployment rate, for New York and every other state are based on statistical regression models specified by the U. S. Bureau of Labor Statistics. These are the most up-to-date estimates of persons employed and unemployed by place of residence. Estimates are available for New York State, labor market regions, metropolitan areas, counties, and municipalities of at least 25,000.


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