The state unemployment rate decreased from 4.7 to 4.6 percent in December 2017, according to preliminary figures released by New York State Department of Labor.
From December 2016 to December 2017, the state’s private sector job count rose by 111,700, or 1.4 percent. The state’s private sector job count was essentially unchanged from November 2017 to December 2017. The state economy added more than 1 million private sector jobs since 2011, and experienced employment growth in 69 of the past 84 months.
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 federal government calculates the state’s unemployment rate partly based on the results of the current population survey, which contacts approximately 3,100 households in the state each month.