THE BUSINESS REVIEW: New York State added 14,100 private sector jobs to its economy last month

 


New York State added 14,100 private sector jobs to its economy last month, according to the latest figures from the State Labor Department. That job growth amounted to .2 percent and was not enough to budge the state’s overall unemployment rate.


New York’s unemployment rate held steady at eight percent in July. The national unemployment rate was 9.1 percent for the same period. The number of unemployed New Yorkers looking for work did go down from 759,900 in June to 756,600 last month, according to the State Labor Department.


Since the economic recovery began in November 2009 for New York, the state Labor Department reports that New York has regained approximately 57 percent, or 188,100, of the private sector jobs that were lost during the 2008-2009 recession.


http://www.bizjournals.com/albany/news/2011/08/18/new-york-state-unemployment-rate-a.html

Publication date: 
Friday, August 19, 2011 - 11:25