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

Doug Henwood dhenwood at panix.com
Mon Oct 4 15:10:22 PDT 2004


Wojtek Sokolowski wrote:


> > 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.

And you can get the same data for NYC alone too. But it doesn't include population data, so you can't compute employment/pop ratios or the participation rate - crucial in this case, because they're so low in NYC.

Doug



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