The city's unemployment rate ticked up slightly in August to 8.6% from 8.4% in July as more New Yorkers entered the labor market looking for work, according to data released Thursday from the state Labor Department.
The unemployment rate is down from 9.3% a year ago thanks to steady private sector job growth—84,700 positions or 2.5% growth.
New York state's unemployment rate also rose slightly in August, to 7.6% from 7.5%. Both city and state trailed the national unemployment rate, which dropped slightly to 7.3% from 7.4%.
While the city's economy is creating jobs, the positions are not improving household income. Median household income in the New York Metropolitan area stayed flat between 2011 and 2012, Census figures released Wednesday showed. Meanwhile, median household income statewide declined slightly from 2000.