Wednesday, October 27, 2004

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[IWS] New York's Lowest Unemployment Rate in 3 Years [21 October 2004]

IWS Documented News Service
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Institute for Workplace Studies                 Professor Samuel B. Bacharach
School of Industrial & Labor Relations          Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor                  Stuart Basefsky
New York, NY 10016                      Director, IWS News Bureau
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NY STATE'S UNEMPLOYMENT RATE DECLINES TO LOWEST LEVEL IN 3 YEARS [21 October 2004]
http://www.labor.state.ny.us/agency/pressrel/pruistat.htm

       New York States unemployment rate, after seasonal adjustment, was 5.5 percent in September 2004, down from 5.6 percent in August, the State Labor Department reported today. This decreased rate, the states lowest since October 2001, was accompanied by a 19,000 increase in the states labor force.  The nations unemployment rate in September was 5.4 percent, unchanged from August.  In New York City, the unemployment rate increased by 0.2 percentage points to 6.9 percent in September 2004, well below the September 2003 rate of 8.5 percent.

      The state's seasonally adjusted private sector job count decreased in September by 5,500, or 0.1 percent, to 6,975,600.  Nationally, the number of private sector jobs increased by 0.1 percent over the same period.

AND MORE...including TABLES....
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Stuart Basefsky                 *
Director, IWS News Bureau               *
Institute for Workplace Studies *
Cornell/ILR School                      *
16 E. 34th Street, 4th Floor            *
New York, NY 10016                      *
                                        *
Telephone: (607) 255-2703               *
Fax: (607) 255-9641                     *
E-mail: smb6@cornell.edu                *
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