State Unemployment Rate Rises
July 21st, 2011

The State Labor Department is reporting that the jobs picture in New York is not exactly pretty. The state unemployment rate increased to 8 percent in June from 7.8 percent in May. The national unemployment rate for June was 9.2 percent. The number of unemployed also increased from 751,600 in May to 760,500 in June. The state gained 13,600 jobs in June or .2 percent.

“In June 2011, the New York State economy continued its recovery from the effects of the last recession, adding 13,600 private sector jobs. Like the nation as a whole, our state unemployment rate increased over the month, and now stands at 8.0%. However, we remained significantly below the nation’s jobless rate, which increased to 9.2% in June,” said Bohdan M. Wynnyk, Chief of Labor Statistics, Division of Research and Statistics in a statement.

By on July 21, 2011, 2:52 pm
In category: Albany,Economy,Eye on Albany,Work and Labor | 3 Comments »

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