Thursday, September 17, 2009

Unemployment in Utica Held at 7%

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.

The Utica-Rome region saw its private-sector job total fall by 2,500 jobs, or 2.5 percent between August 2008 and August 2009. The area's unemployment rate was 7.1 percent in August, compared with 7.2 percent in July and 5.2 percent in August 2008.

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