New York state lost 1.7 million private sector jobs — approximately 21.4% — in April 2020, according to a statement from the state’s Department of Labor.
Approximately 6,467,600 private sector jobs in New York remain, the New York State Department of Labor said.
This was New York’s largest monthly employment drop on record. The leisure and hospitality sector experienced the largest drop in employment, followed by the trade, transportation, and utilities sector, according to the NYS DOL.
In April, New York state’s overall unemployment rate rose from 4.1% to 14.5%, while New York City’s unemployment rate rose from 4.2% to 14.7%, constituting the largest monthly increase on record since current record keeping began in 1976, the NYS DOL said.
The new figures come from preliminary results from the US Department of Labor’s business and household surveys for April 2020, according to the NYS DOL.