long Island Unemployment Rates

The December unemployment rate is 5.5%, compared to 5.4% in November, an increase of .10%. The peak unemployment in 2020 was 16.10% in April due to the COVID19 pandemic. The local employment numbers have bounced back well considering the painful shutdowns.

YearJanFebMarAprMayJunJulAugSepOctNovDec
20203.90%3.80%3.80%16.10%12.30%12.80%13.80%10.40%6.30%6.30%5.40%5.50%
20194.10%4%3.60%3.10%3.20%3.40%3.80%3.90%3.40%3.40%3.40%3.60%
20184.70%4.80%4.20%3.60%3.30%3.60%3.70%3.70%3.20%3.10%3%3.30%
20174.70%4.90%4.20%3.90%4%4.20%4.50%4.60%4.20%4.10%4.10%4.10%
20164.40%4.60%4.20%3.90%3.70%4%4.30%4.40%4.20%4.10%3.90%4%
20155.20%5.30%4.80%4.30%4.50%4.50%4.70%4.50%4.10%4%3.90%3.90%
20145.90%6.20%5.60%4.70%4.90%4.90%5.30%5.20%4.80%4.60%4.60%4.40%
20137.70%7.50%6.60%6%6.10%6.30%6.40%6.20%6%5.90%5.40%5.20%
20128%8.20%7.60%7.20%7.40%7.60%7.90%7.50%7.10%6.90%6.90%6.90%
20118%7.90%7.30%6.80%6.80%7.10%7.30%7.20%7.20%7%7%7.20%
20108.20%8.20%7.80%7.10%7.10%7.20%7.60%7.30%7.30%7.10%7.40%7.20%
20096.80%7.30%7.20%6.70%6.90%7.10%7.20%7.10%7.30%7.20%7.10%7.20%
20084.70%4.70%4.50%4%4.60%4.70%5.10%5.10%5.10%5%5.30%5.70%
20074.10%4.10%3.60%3.30%3.40%3.60%4%3.80%3.90%3.70%3.70%3.90%
20064.20%4.40%4.10%3.90%3.80%3.80%4.10%3.80%3.60%3.20%3.40%3.20%
20054.70%4.80%4%3.80%3.90%4.10%4.30%3.90%4.20%3.80%4%3.70%
20045.50%5.40%5.20%4.50%4.40%4.50%4.60%4.30%4.30%4.10%4.10%4.20%
20035.10%5%4.70%4.30%4.40%4.80%4.80%4.70%4.70%4.60%4.70%4.60%
20025.30%5.30%4.90%4.50%4.40%4.60%4.70%4.40%4.30%4.20%4.40%4.40%
20013.80%3.60%3.30%3.10%3.10%3.50%3.70%4%4%4.10%4.40%4.50%
20004%4%3.60%3%3.20%3.30%3.50%3.40%3.40%3.10%3.20%3%

Developments in the Long Island Labor Market

Nassau and Suffolk Counties

December 2020

Private-sector payroll employment on Long Island increased by 1,500 in December (2020) (not seasonally adjusted), the eighth consecutive month of job gains. In December (2020), private sector employment was below year-ago levels by 98,500, or 8.5 percent.

Year-over-year job losses in December were greatest in leisure and hospitality (-38,200), education and health services (-22,800), professional and business services (-13,300), trade, transportation, and utilities (-11,400), and manufacturing (-7,100).

November 2020

Private-sector payroll employment on Long Island increased by 7,000 in November (2020) (not seasonally adjusted), the seventh consecutive month of job gains. In November (2020), private sector employment was below year-ago levels by 109,900, or 9.5 percent.

Year-over-year job losses in November (2020) were greatest in leisure and hospitality (-35,800), education and health services (-23,600), trade, transportation, and utilities (-15,000), professional and business services (-10,000), and manufacturing (-8,300).

October 2020

Private-sector payroll employment on Long Island increased by 14,600 in October (2020) (not seasonally adjusted), the sixth consecutive month of job gains. In October (2020), private sector employment was below year-ago levels by 109,900, or 9.5 percent.

Year-over-year job losses in October (2020) were greatest in leisure and hospitality (-35,500), education and health services (-26,600), trade, transportation, and utilities (-16,200), professional and business services (-13,300), and manufacturing (-7,600).

September 2020

Private-sector payroll employment on Long Island increased by 11,700 in September (2020) (not seasonally adjusted), following an increase of 9,800 in August (2020). Despite the gains over the last five months, employment in the private sector is down by 113,000, or 9.8 percent, compared to a year ago.

Private-sector job gains in September were mainly due to seasonal factors, led by transportation and warehousing and private educational services. The social assistance industry, which includes child daycare services, also added 3,600 jobs in September. Employment in the government sector grew by 14,700 in September (2020), led by local government education services.

Source:
https://labor.ny.gov/stats/lon/index.shtm

Editor’s note: We will continue to track the Long Island labor statistics here.

Editor
Author: Editor