Thursday, September 17, 2009

State unemployment rises to highest level since 1983

The Central NY Business Journal reported that New York's unemployment rate climbed to 9 percent in August, up from 8.6 percent in July, according to new data the state Labor Department released today.

August's rate was the highest since April 1983, according to the department. The state's unemployment rate was 5.7 percent in August 2008.

New York's private-sector job count fell by about 2,200 in August, less than 0.1 percent, to about 7.1 million. Read more here.

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