NYS Economy Added 11,200 Private Sector Jobs in February 2020

Posted to Applied Web NY on Thu, 03/26/2020 - 15:29

In February 2020, the number of private sector jobs in New York State grew by 11,200, or 0.1%, to 8,362,600, according to preliminary figures released today by the New York State Department of Labor.

In addition, New York’s statewide unemployment rate decreased from 3.8% to 3.7% in February 2020. 

The State’s private sector job count is based on a payroll survey of 18,000 New York employers conducted by the U.S. Department of Labor’s Bureau of Labor Statistics. Monthly payroll employment estimates are preliminary and subject to revision as more data become available the following month. The federal government calculates New York State’s unemployment rate based partly upon the results of the Current Population Survey, which contacts approximately 3,100 households in New York State each month.

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