Changes in Employment and Unemployment in New York City During Three Recessions

Percent change in total nonfarm employment from beginning of recession, New York City

 

Change in unemployment rate from beginning of recession, New York City

 

The recession that began in December 2007 has resulted in smaller percentage losses of employment than the two previous recessions.

However, the increase in the unemployment rate was larger during the most recent recession.

Last Modified Date: October 7, 2010