New York Unemployment Rate 4.4 for 

New York Unemployment Rate came in at 4.4 (Percent) for Jul 2026, down 4.35% from 4.6 the prior month and 0.00% above its level of 4.4 one year ago. The series has averaged 6.35 since 1976, reaching a record high of 16.7 in May 2020 and a record low of 3.8 in August 2022.

Source: Federal Reserve Economic Data (FRED), St. Louis Fed

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Cite this data: "New York Unemployment Rate," MarketXLS. Data from Federal Reserve Economic Data (FRED), St. Louis Fed. marketxls.com/indicators/new-york-unemployment-rate

Historical Data

July 1, 20264.4
June 1, 20264.6
May 1, 20264.6
April 1, 20264.6
March 1, 20264.6
February 1, 20264.6
January 1, 20264.6
December 1, 20254.6
November 1, 20254.6
September 1, 20254.6
August 1, 20254.5
July 1, 20254.4
June 1, 20254.3
May 1, 20254.2
April 1, 20254.1
March 1, 20254.1
February 1, 20254.1
January 1, 20254.1
December 1, 20244.1
November 1, 20244.1
March 1, 20014.2
February 1, 20014.2
January 1, 20014.2
December 1, 20004.3
November 1, 20004.3
October 1, 20004.4
September 1, 20004.5
August 1, 20004.5
July 1, 20004.5
June 1, 20004.5
May 1, 20004.5
April 1, 20004.6
March 1, 20004.6
February 1, 20004.6
January 1, 20004.7
December 1, 19994.8
November 1, 19994.9
October 1, 19995
September 1, 19995.2
August 1, 19995.2

About New York Unemployment Rate

What it measures

The New York unemployment rate is reported monthly on a seasonally adjusted basis by the BLS Local Area Unemployment Statistics program and appears on FRED as NYUR. New York's economy is dominated by finance and professional services centered on Wall Street, along with major media, healthcare, and higher education employment across the state.

Why it matters

Few state series map as directly onto financial conditions. Bank, asset management, and professional services hiring drive high-wage employment in New York City, and bonuses flow into state revenue and local spending. A deteriorating New York labor market frequently accompanies tighter financial conditions, weaker deal activity, and stress in commercial real estate.

How to read it

Compare the reading with the national unemployment rate and note the spread, since New York has historically run above the US average during downturns. Distinguish upstate manufacturing softness from downstate finance-driven moves where possible. Several consecutive increases, especially alongside falling securities industry employment, deserve more attention than one noisy print.

Frequently Asked Questions

What is the current New York Unemployment Rate?

New York Unemployment Rate is 4.4 (Percent) as of July 2026.

What is the all-time high and low of New York Unemployment Rate?

The highest value on record is 16.7 (May 2020) and the lowest is 3.8 (August 2022).

How often is New York Unemployment Rate updated?

New York Unemployment Rate is published on a monthly basis, sourced from Federal Reserve Economic Data (FRED).

Basic info
Unemployment Rate in New York
RegionUnited States
FrequencyMonthly
Last updatedAugust 26, 2026
Seasonal adjustmentSeasonally Adjusted
UnitPercent

Stats
Last Value4.4
Latest PeriodJul 2026
Last UpdatedAugust 26 2026, 04:14
Value Previous Month4.6
Change From Previous Month-4.35%
Value 1 Year Ago4.4
Change From Year Ago0.00%
Average Growth Rate-1.67%/yr
Record High (May 2020)16.7
Record Low (Aug 2022)3.8
Long-Term Average6.35
FrequencyMonthly
AdjustmentSeasonally Adjusted
UnitPercent

Annual Averages
20264.57
20254.33
20244.15
20234.02
20224.27
20217.05
20209.91
20193.89
20184.1
20174.64
20164.87
20155.22

Related Indicators
Nonfarm Payrolls
All Employees, Total Private
All Employees, Goods-Producing
All Employees, Service-Providing
All Employees, Government
Unemployment Rate
Initial Jobless Claims
Average Weeks Unemployed
Job Openings: Total Nonfarm
Hires: Total Nonfarm
Total Separations: Total Nonfarm
Quits: Total Nonfarm