Appendix: 1996 RGB Income and Affordability Study
IV. Average Annual Unemployment Rates by Area, 1988-95
1988 1989 1990 1991 1992 1993 1994 1995
Bronx 5.5% 7.0% 8.2% 10.1% 12.5% 11.9% 10.0% 9.6%
Brooklyn 5.5% 6.7% 7.9% 9.5% 12.0% 11.2% 9.7% 9.2%
Manhattan 4.3% 5.0% 5.8% 7.3% 9.0% 8.8% 7.6% 7.0%
Queens 4.0% 5.0% 6.0% 8.0% 10.5% 9.5% 8.2% 7.6%
Staten Island 4.0% 4.8% 6.4% 8.3% 10.4% 9.2% 7.8% 7.4%
NYC 4.7% 5.8% 6.8% 8.6% 10.8% 10.1% 8.7% 8.2%
U.S. 5.5% 5.3% 5.5% 6.7% 7.4% 6.8% 6.1% 5.6%
Participation Rate
NYC -- -- -- -- -- 56.3% 55.9% 55.1%
U.S. -- -- -- -- -- 66.3% 66.6% 66.6%
Gross City Product
(thous, $1987) 212.5 211.2 212.2 204.9 209.3 213.3 217.6 219.6
% Change 4.0% -0.6% 0.5% -3.4% 2.1% 1.9% 2.0% 0.9%
Note: The New York City Comptroller's Office revises the Gross City Product
periodically. The GCP figures presented here may not be the same as those
reported in prior years.
Source: New York State Department of Labor; New York City Comptroller's Office