NY Unemployment Rate Holds Steady at 8.9 Percent

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New York’s unemployment rate was unchanged from August to September, remaining at 8.9 percent. That’s still lower than the national rate.

The state labor department released the latest figures Thursday, just as the national unemployment rate reached a 26-year high of 9.8 percent.

The rate in New York City rose slightly to 10.3 percent, up from 10.2 percent in August.

State labor analyst Peter Noonan says employers have been cutting jobs at a more modest rate than employers nationwide in the past year. September saw a loss of 18,300 private sector jobs.

Outside New York City, Tompkins and Hamilton counties had the lowest unemployment rate at 5.6 percent. The highest rate — 9.5 percent — was in Steuben County.

Source: AP

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