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Unemployment On The Rise
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June 19, 2008, 6:43pm Report to Moderator
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Quoted Text
State, regional unemployment jumps sharply

New York's unemployment rate jumped by 0.5 percentage points in May, according to the state Labor Department.
Unemployment numbers
To view monthly unemployment figures broken down by region and county, click here.
Unemployment climbed from 4.7 percent in April to 5.2 percent in May, the largest month-over-month increase since January 1991, the department said today. May's figure was 0.7 percentage point shigher than in May 2007.
"New York State experienced a lower private sector job count and higher unemployment rate in May 2008," said Peter A. Neenan, director of the Division of Research and Statistics. "These developments reflect, in large part, deteriorating labor market conditions in the nation as a whole, which has seen six consecutive months of private sector job declines and an upward trend in the U.S. unemployment rate."
Unemployment in the Capital Region experienced a similar jump, from 4.4 percent in April to 4.8 percent in May, compared to 3.6 percent in May 2007.


   EMPLOYED, UNEMPLOYED, AND RATE OF UNEMPLOYMENT
                                BY PLACE OF RESIDENCE
                FOR NEW YORK STATE AND MAJOR LABOR AREAS, MAY 2008
                   (Numbers in thousands, not seasonally adjusted)
-----------------------------------------------------------------------------
                           EMPLOYED             UNEMPLOYED       UNEMP. RATE
AREA/COUNTY         MAY      APR      MAY    MAY    APR    MAY  MAY  APR  MAY
                   2008     2008     2007   2008   2008   2007 2008 2008 2007
-----------------------------------------------------------------------------
UNITED STATES  145926.0 145921.0 145864.0 8076.0 7287.0 6486.0  5.2  4.8  4.3
NEW YORK STATE   9060.4   9071.9   9045.9  471.8  432.1  394.9  4.9  4.5  4.2
NEW YORK CITY    3658.0   3679.4   3630.8  185.3  172.5  177.5  4.8  4.5  4.7
BRONX            475.8    478.6    472.3   33.0   31.1   31.8  6.5  6.1  6.3
KINGS           1025.1   1031.0   1017.4   55.6   52.1   54.0  5.1  4.8  5.0
NEW YORK         877.5    882.6    870.9   38.7   35.9   37.0  4.2  3.9  4.1
QUEENS          1051.6   1057.8   1043.8   47.6   43.9   44.9  4.3  4.0  4.1
RICHMOND         228.0    229.4    226.3   10.4    9.6    9.8  4.4  4.0  4.1
PUT-ROCK-WEST     670.6    671.2    669.6   32.0   27.0   23.6  4.6  3.9  3.4
PUTNAM            54.3     54.3     54.2    2.5    2.0    1.8  4.3  3.6  3.2
ROCKLAND         146.9    147.0    146.6    7.2    5.9    5.4  4.7  3.9  3.6
WESTCHESTER      469.5    469.9    468.7   22.4   19.0   16.4  4.5  3.9  3.4
NASSAU-SUFFOLK   1424.9   1423.2   1425.0   68.1   58.4   50.9  4.6  3.9  3.4
NASSAU           669.6    668.8    669.6   31.5   26.2   23.7  4.5  3.8  3.4
SUFFOLK          755.3    754.4    755.4   36.6   32.2   27.2  4.6  4.1  3.5
ALB-SCHEN-TROY    431.5    431.3    433.7   21.7   19.7   16.3  4.8  4.4  3.6
ALBANY           151.1    151.0    151.9    7.6    6.6    5.6  4.8  4.2  3.6
RENSSELAER        79.3     79.2     79.7    4.1    3.8    3.2  5.0  4.5  3.8
SARATOGA         114.4    114.4    115.0    5.3    4.9    4.0  4.4  4.1  3.3
SCHENECTADY       71.9     71.9     72.3    3.8    3.4    2.9  5.0  4.5  3.8
SCHOHARIE         14.8     14.8     14.9    0.9    1.0    0.7  5.7  6.6  4.5
BINGHAMTON        117.2    117.0    118.1    6.3    5.9    5.1  5.1  4.8  4.1
BROOME            92.0     91.9     92.7    5.0    4.7    3.9  5.1  4.9  4.0
TIOGA             25.2     25.1     25.4    1.3    1.2    1.2  4.8  4.6  4.5
BUFFALO-NIAGARA   547.3    544.5    547.2   33.7   31.2   24.9  5.8  5.4  4.4
ERIE             442.4    440.2    442.4   26.2   23.8   19.7  5.6  5.1  4.3
NIAGARA          104.9    104.3    104.9    7.5    7.4    5.2  6.7  6.6  4.7
ELMIRA             38.5     39.0     38.9    2.2    1.9    1.8  5.3  4.7  4.5
GLENS FALLS        63.9     62.6     64.3    3.4    3.5    2.6  5.1  5.3  3.9
WARREN            33.5     32.9     33.8    1.8    1.9    1.4  5.1  5.5  4.0
WASHINGTON        30.3     29.8     30.5    1.6    1.6    1.2  5.1  5.1  3.8
ITHACA             53.7     54.7     53.9    2.2    1.8    1.8  3.9  3.2  3.2
KINGSTON           87.1     87.8     87.7    4.7    4.1    3.5  5.1  4.4  3.9
POUGH-NEWB-MDLT   309.3    309.6    310.2   16.8   14.3   12.4  5.1  4.4  3.8
DUTCHESS         139.7    139.8    140.1    7.3    6.1    5.3  5.0  4.2  3.6
ORANGE           169.6    169.8    170.1    9.5    8.1    7.1  5.3  4.6  4.0
ROCHESTER         500.5    500.3    505.4   28.2   26.0   21.8  5.3  4.9  4.1
LIVINGSTON        30.7     30.7     31.0    1.8    1.8    1.4  5.6  5.5  4.3
MONROE           352.4    352.3    355.9   19.9   17.7   15.3  5.3  4.8  4.1
ONTARIO           53.4     53.3     53.9    2.7    2.6    2.1  4.7  4.7  3.7
ORLEANS           18.5     18.5     18.6    1.3    1.3    1.0  6.5  6.5  5.1
WAYNE             45.5     45.5     45.9    2.5    2.6    2.0  5.3  5.4  4.2
SYRACUSE          312.5    312.2    312.8   17.2   15.6   13.3  5.2  4.8  4.1
MADISON           34.1     34.1     34.2    1.8    1.8    1.4  4.9  5.1  3.9
ONONDAGA         222.2    221.9    222.4   11.5   10.0    9.0  4.9  4.3  3.9
OSWEGO            56.3     56.2     56.3    3.9    3.8    3.0  6.5  6.3  5.0
UTICA-ROME        134.2    133.5    134.7    7.4    7.2    5.6  5.2  5.1  4.0
HERKIMER          29.5     29.3     29.6    1.8    1.9    1.3  5.6  6.1  4.3
ONEIDA           104.7    104.2    105.1    5.6    5.3    4.2  5.1  4.8  3.9
-----------------------------------------------------------------------------
Note: Data are subject to revision. Detail may not add to totals due
to rounding.
Source: New York State Department of Labor, Division of Research and
Statistics.
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Salvatore
June 19, 2008, 11:00pm Report to Moderator
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I can make hide nor hare of this here chart. help me understand better what is going on here. Fanabala!
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June 22, 2008, 9:15am Report to Moderator
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It looks like Schenectady was 3.8 unemployment rate in 2007 and is now up to 5.0.....

the unemployed went from 2.9 may2007 to 3.8 may2008

the employed went from 72.3 to 71.9 may 2007-may2008 respectively......


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