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Economy of New York (state) The economy of the State of New York is reflected in its gross state product in 2023 of $2.189 trillion, ranking third in size behind the larger states of California and Texas. If New York State were an independent nation, it would rank as the 10th largest economy in the world by nominal GDP.
The Labor Department said Wednesday that unemployment rates rose in 345 large metro areas, dropped in 20 cities. Unemployment rates rose in nearly all U.S. cities in June, reflecting a recent ...
The economy of New York City encompasses the largest municipal and regional economy in the United States. In 2022, the New York metropolitan area generated a gross metropolitan product (GMP) of US$1.4trillion, [ 3] with a population of 23.6 million people. Anchored by Wall Street in Lower Manhattan, New York City has been characterized as the ...
The New York Unemployment Insurance Law, enacted in 1935 and codified at Article 18 of the Labor Law, implements US unemployment insurance within New York. As with most states, the maximum period for receiving benefits is 26 full weeks during a one-year period (benefit year). [4]
Unemployment rates fell in roughly two-thirds of large U.S. cities in August, despite zero job growth nationwide. Here are the cities with the highest and lowest rates: 10 Cities With The Highest ...
Find the most recent state and city unemployment rates, salary information and industry updates all in one place. Every month we will compile the employment statistics and numbers that matter to ...
The unemployment rate (U-3), measured as the number of persons unemployed divided by the civilian labor force, rose from 5.0% in December 2007 to peak at 10.0% in October 2009, before steadily falling to 4.7% by December 2016 and then to 3.5% by December 2019. [ 40] By August 2023, it reached 3.8 percent.
If adding 36,000 jobs to the 139 million jobs in the U.S. economy lowers the unemployment rate by 0.4 percentage points, then adding just 720,000 jobs should lower the unemployment rate by 8 ...