Unemployment Rate
4.6%
▲ Above US average (4.2%)
Nonfarm Jobs
9.99M
→ +0.4% jobs YoY
House Prices (YoY)
+6.1%
▲ Rising fast
Per-Capita Income
$89K
▲ +4.6% vs prior year
New York vs. United States — Unemployment
New York
4.6%
United States
4.2%

New York is running above the national unemployment rate. At 4.6% vs 4.2% nationally, local job seekers face a somewhat tougher market than the US average.

Jobs & Output
Nonfarm payrolls
9.99M
Job growth (YoY)
+0.4%
Real GDP (2025)
$1.89T
GDP growth (YoY)
+2.9%

Payrolls are monthly (BLS); GDP and income are annual (BEA). Key sectors in New York: finance, media, and real estate.

What this means if you live or work in New York
💼
Job market
With unemployment at or above the national average, hiring in New York is more employer-friendly — job seekers should expect more competition per opening.
🏠
Housing
House prices are rising fast (+6.1% YoY). Buyers face affordability pressure; owners are building equity quickly.
💵
Income
Per-capita personal income in New York is $88,847, up 4.6% from the prior year. Compare against national inflation to gauge real purchasing power.
🏭
Key industries
New York's economy leans on finance, media, and real estate — sector-specific national trends (energy prices, rates, consumer spending) hit this state through those channels first.

Data: FRED (Federal Reserve Bank of St. Louis) — series NYUR, NYNA, NYSTHPI, NYPCPI, NYRGSP — plus BLS and BEA. Live values load on page open; figures shown are the most recent official releases. Not financial advice.