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In February 2012, New York’s seasonally adjusted unemployment rate was 8.5%, up from January’s level of 8.3%. The nation’s unemployment rate was 8.3% in February 2012. New York State had 8,783,400 nonfarm jobs in February 2012, including 7,293,700 private sector jobs, after seasonal adjustment. The number of seasonally adjusted private sector jobs in the state increased by 0.3% between January 2012 and February 2012, while the nation increased by 0.2%. From February 2011 to February 2012, the number of private sector jobs increased by 1.8% in the state and by 2.1% in
the U.S. (not seasonally adjusted). In addition, New York’s Index of Coincident Economic Indicators increased at an annual rate of 3.2% in February 2012.
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Source: New York State Department of Labor, April 2012.