- Associated Press - Friday, August 21, 2015

ALBANY, N.Y. (AP) - New York state’s unemployment rate is at its lowest level in seven years.

The state labor department pegs the new rate at 5.4 percent. Preliminary figures show the state economy added 19,300 private sector jobs in July for a record high of nearly 7.9 million.

New York City’s unemployment rate also dropped from 6.1 percent to 5.7 percent, its lowest level since August 2008.

The labor department says over the past three months, New York has added 95,300 private sector jobs, marking the state’s largest three-month jobs gain on record.

Private educational and health services added the most positions - nearly 68,000 - of any major industry sector. Those jobs were mostly in health care and social assistance. Natural resources and mining was the only sector to lose jobs.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide