ReportWire

Tag: unemployment rate

  • Long Island unemployment rate rises from record low | Long Island Business News

    Long Island unemployment rate rises from record low | Long Island Business News

    [ad_1]

    The Long Island unemployment rate ticked higher in November, after dropping to an all-time low in October. 

    The not-seasonally-adjusted unemployment rate for Long Island in November was 2.5 percent, up from the 2.2 percent rate from October, according to preliminary numbers from the New York State Department of Labor. 

    The October rate of 2.2 percent was the lowest Long Island unemployment rate in the more than 32 years on record. 

    The November not-seasonally-adjusted unemployment rate for Nassau County was 2.3 percent and the rate for Suffolk County was 2.5 percent, the DOL reports.  

    November’s unemployment rate for Long Island was well below the 3.1 percent unemployment rate recorded a year ago. 

    The state’s seasonally adjusted unemployment rate remained at 4.3 percent in November. 

    New York City had the highest unemployment rates in the state in November, led by the Bronx (7.4 percent); Brooklyn (5.5 percent); Staten Island (4.9 percent) and Queens (4.8 percent). 

    Saratoga County led the state with the lowest unemployment rate in November at 2.1 percent, followed by Columbia County at 2.2 percent. 

    [ad_2]

    David Winzelberg

    Source link

  • Long Island unemployment rate drops to record low | Long Island Business News

    Long Island unemployment rate drops to record low | Long Island Business News

    [ad_1]

    The Long Island unemployment rate fell again in October, dropping to an all-time low. 

    The not-seasonally-adjusted unemployment rate for Long Island in October was 2.2 percent, down from the 2.7 percent rate from September, and the lowest in the more than 32 years on record, according to preliminary numbers from the New York State Department of Labor. 

    The October not-seasonally-adjusted unemployment rate for Nassau County was 2.1 percent and the rate for Suffolk County was 2.3 percent, the DOL reports.  

    Last month’s unemployment rate for Nassau was below the county’s previous all-time low rate of 2.4 percent recorded in Dec. 1998 and last month’s unemployment rate for Suffolk was below the county’s previous all-time low rate of 2.7 percent recorded last December.  

    October’s unemployment rate for Long Island was well below the 3.4 percent unemployment rate recorded a year ago. 

    The state’s seasonally adjusted unemployment rate rose from 4.3 percent in September to 4.4 percent last month. 

    New York City had the highest unemployment rates in the state in October, led by the Bronx (7.4 percent); Brooklyn (5.5 percent); Staten Island (5 percent) and Queens (4.9 percent). 

    Columbia and Saratoga counties led the state with the lowest unemployment rate in October at 1.9 percent. 

    [ad_2]

    David Winzelberg

    Source link

  • Big drop for Long Island unemployment rate | Long Island Business News

    Big drop for Long Island unemployment rate | Long Island Business News

    [ad_1]

    The Long Island unemployment rate fell significantly in September, after it had climbed for three straight months. 

    The not-seasonally-adjusted unemployment rate for Long Island in September was 2.7 percent, down from the 3.4 percent rate from August, according to preliminary numbers from the New York State Department of Labor. 

    The September not-seasonally-adjusted unemployment rate for Nassau County was 2.7 percent and the rate for Suffolk County was 2.8 percent, the DOL reports. 

    September’s unemployment rate for Long Island was a percentage point below the 3.7 percent unemployment rate recorded in September 2021. 

    The state’s seasonally adjusted unemployment rate dropped from 4.7 percent in August to 4.3 percent last month. 

    New York City had the highest unemployment rates in the state in September, led by the Bronx (7.2 percent); Brooklyn (5.2 percent); Staten Island (4.9 percent) and Queens (4.8 percent). 

    Columbia, Saratoga and Yates counties led the state with the lowest unemployment rate in September at 2.4 percent, followed by Genesee and Wyoming counties at 2.5 percent.  

    [ad_2]

    David Winzelberg

    Source link