Archives of the Mayor's Press Office

FOR IMMEDIATE RELEASE
Date: Thursday, May 17, 2001
Release # 159-01

Contact: Sunny Mindel/Peter Fenty
(212) 788-2958


MAYOR GIULIANI ANNOUNCES ACCELERATED JOB GROWTH IN CITY;
SIGNIFICANT JUMP IN PRIVATE SECTOR JOBS CITED

8,900 Private Sector Jobs Added in April;
Unemployment Figures Rose Slightly to 5.4%.


Mayor Rudolph W. Giuliani announced today that, according to the Employment/ Unemployment reports released today by the State Department of Labor, New York City continues to grow jobs at a healthy rate, adding 8,900 new private sector jobs in April.

The report also revised the March Employment/Unemployment report indicating that 6,800 jobs were added that month. Overall, the year-over-year private employment is up 79,800 jobs, or 2.6% in the City.

"This is terrific news for New York City," said Mayor Giuliani. "For the City to add 8,900 new private sector jobs last month in spite of a slowing national economy and 6,800 jobs the month before, once again proves our resiliency and our strength as a regional economy. The addition of these jobs, especially in this environment, shows that the City is ideally positioned to withstand downturns in the national economy."

The Mayor also noted that unemployment figures (seasonally adjusted) inched up slightly to 5.4% in April from 5.1% March.

 


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