What causes unemployment to decrease - trying to understand when my NYS Department of Labor claim might end
I've been on unemployment for about 6 months now and I'm wondering what actually causes unemployment rates to go down in NY. My job coach at the One-Stop center keeps talking about economic indicators but I'm trying to figure out if there are specific things that happen that would mean more jobs opening up and me getting off NYS Department of Labor benefits sooner. Are there certain industries that bounce back first? Should I be focusing my job search on specific sectors? I'm in marketing/communications if that matters.
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Daryl Bright
Unemployment typically decreases when businesses start hiring again, which happens when the economy grows. In NY, tech, healthcare, and finance usually recover first. Consumer spending increases, companies expand, and new businesses start up. The state also tracks job creation through various programs. Your marketing background should be good - that field usually picks up when companies start advertising more as they grow.
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Natalie Khan
•That makes sense about marketing picking up when companies advertise more. I've noticed a few more postings lately actually.
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Sienna Gomez
honestly i think it just depends on luck sometimes lol but seriously construction and manufacturing usually hire fast when things turn around. also restaurants and retail. maybe look into those even if its not your field?
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Natalie Khan
•I've thought about temp work but I want to stay in my field if possible. Still doing my job search contacts for NYS Department of Labor requirements.
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Kirsuktow DarkBlade
The main factors are business confidence, consumer demand, government policies, and interest rates. When businesses feel confident about the future, they hire. When people spend money, businesses need more workers. Lower interest rates make it easier for companies to expand. NYS also has economic development programs that can create jobs in certain regions.
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Abigail bergen
•Wait so if interest rates go down that's good for finding jobs? I never understood how that worked.
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Kirsuktow DarkBlade
•Yes, lower rates make it cheaper for businesses to borrow money for expansion, equipment, hiring. Higher rates slow things down.
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Ahooker-Equator
I was stuck on unemployment for 8 months last year and couldn't get through to NYS Department of Labor to check on anything. Finally used this service called Claimyr (claimyr.com) that actually got me connected to a real person at the unemployment office. They have a video demo at https://youtu.be/qyftW-mnTNI showing how it works. Helped me understand my claim status better and what jobs I should be applying for to meet the search requirements.
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Natalie Khan
•Interesting, I haven't heard of that. Sometimes I do have questions about my weekly claims that I can't get answered.
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Anderson Prospero
The whole system is rigged anyway. They say unemployment goes down but half the people just stop looking for work or take crappy part-time jobs that don't pay enough to live on. The real unemployment rate is way higher than what they report. Companies just want cheap labor now.
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Sienna Gomez
•yeah but at least if more jobs open up we have more options even if they're not perfect
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Tyrone Hill
Same boat here! Been looking for 4 months in marketing too. I've noticed more remote positions opening up lately which is encouraging. Keep track of your applications for the job search log - I use a spreadsheet to make sure I hit the 3 contacts per week requirement.
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