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