Employment question
Is the job market stable in New York?
A direct, data-backed answer using unemployment, workforce participation, earnings, and industry concentration signals.
57
/ 100
Employment and income stability
Short answer
It is near the middle for job-market stability.
New York (NY) has a score of 57, compared against other states. The score reflects unemployment, labor-force participation, employment rate, earnings, earnings trend, volatility, and industry concentration where available. Coverage: State-backed. This answer uses state-level employment data for New York; city pages may use city, county, metro, or state-backed data depending on source coverage.
Source and freshness
Top drivers in this score
Unemployment rate
6.4%
Risk pressure percentile: 96
Earnings trend (YoY)
+2.7%
Risk pressure percentile: 86
Employment rate (16+)
58.6%
Risk pressure percentile: 70
How this compares
Approximate percentile: 57 of 100
Coverage and confidence
Most core metrics are available at state level.
Metrics used
Why it matters
Employment stability affects financial risk because income shocks can make regular expenses harder to absorb.
View full employment risk detail →Common follow-ups
Is the job market stable in New York?
New York (NY) has a score of 57, compared against other states. The score reflects unemployment, labor-force participation, employment rate, earnings, earnings trend, volatility, and industry concentration where available. Coverage: State-backed. This answer uses state-level employment data for New York; city pages may use city, county, metro, or state-backed data depending on source coverage.
What employment data is used for New York?
FinancialRiskIQ uses public indicators such as unemployment rate, unemployment volatility, labor force participation, employment rate, median earnings, earnings trend, and industry concentration. This state answer uses ACS 2024 5-year (2024).
Why does employment stability affect financial risk?
Less stable job and income conditions can make bills, savings, and debt payments harder to plan around at a population level.