FW: [lbo-talk] question re: NYC unemployment figures

Wojtek Sokolowski sokol at jhu.edu
Mon Oct 4 13:00:12 PDT 2004


From: Wojtek Sokolowski [mailto:sokol at jhu.edu] Sent: Monday, October 04, 2004 11:58 AM To: 'lbo-talk at lbo-talk.org' Subject: RE: [lbo-talk] question re: NYC unemployment figures


> A. Venesky wrote:
>
> >Can you direct me to any resources to figure out the
> >truth of NYC unemployment? Or has anyone done his or
> >her own analysis that may be helpful for me?
> >
> >I know that discouraged workers and the underemployed
> >are not considered in the official figures as well. If
> >anyone has good estimates on those numbers, i would be
> >very grateful for your help...
>
> I haven't looked at this data in years, but it used to be that NYC
> had a very low participation rate and a very low employment
> population ratio - i.e., large parts of the population aren't in the
> labor force because they've given up searching for work. I've got a
> query in with the BLS to see if I can get up to date numbers on this,
> but as I recall, if NYers were employed at national rates, we'd have
> 500,000 more jobs.
  Go to http://www.bls.gov/data/home.htm And select the desired series.   Below is the output for NYC PMSA.   Wojtek     Local Area Unemployment Statistics Series Catalog: Series ID : LAUSM56000003

State/Region/Division : New York Area Type : Metropolitan areas (MSA and PMSA) Area Name : New York, NY PMSA Measure : unemployment rate Not Seasonally Adjusted Data: Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ann 2003 8.3(b) 8.3(b) 7.9(b) 7.4(b) 7.3(b) 7.3(b) 7.8(b) 7.7(b) 7.7(b) 7.7(b) 7.4(b) 7.3(b) 7.7(b) 2004 8.2 7.8 7.5 6.7 6.2 6.9 7.0 6.3  b : Benchmarked Series Catalog: Series ID : LAUSM56000004

State/Region/Division : New York Area Type : Metropolitan areas (MSA and PMSA) Area Name : New York, NY PMSA Measure : unemployment Not Seasonally Adjusted Data: Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ann 2003 367170(b) 364151(b) 347956(b) 321722(b) 314795(b) 317969(b) 342497(b) 337279(b) 334530(b) 332857(b) 323607(b) 318903(b) 335286(b) 2004 357111 341286 329816 290140 266293 301500 312486 277431 b : Benchmarked Series Catalog: Series ID : LAUSM56000005

State/Region/Division : New York Area Type : Metropolitan areas (MSA and PMSA) Area Name : New York, NY PMSA Measure : employment Not Seasonally Adjusted Data: Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ann 2003 4034698(b) 4038511(b) 4042099(b) 4028820(b) 4019950(b) 4041764(b) 4072645(b) 4040278(b) 3988721(b) 4018015(b) 4034562(b) 4040978(b) 4033420(b) 2004 3992534 4007854 4045253 4035529 4038076 4074246 4144554 4127146  b : Benchmarked Series Catalog: Series ID : LAUSM56000006

State/Region/Division : New York Area Type : Metropolitan areas (MSA and PMSA) Area Name : New York, NY PMSA Measure : labor force Not Seasonally Adjusted Data: Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ann 2003 4401868(b) 4402662(b) 4390055(b) 4350542(b) 4334745(b) 4359733(b) 4415142(b) 4377557(b) 4323251(b) 4350872(b) 4358169(b) 4359881(b) 4368706(b) 2004 4349645 4349140 4375069 4325669 4304369 4375746 4457040 4404577                                                                   b : Benchmarked



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