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New York adds jobs in August, unemployment rate unchanged

New York added 8,100 jobs, including 3,300 in the private sector, in August, but the unemployment rate remained unchanged at 9.1 percent compared to July, according to the state Department of Labor (DOL). The unemployment rate is up from 8.3 percent in August 2011.

The latest month’s job gains weren’t enough to keep up with population growth and so the number of unemployed New Yorkers also increased, by 2,700, in August from July.

But in the last 12 months, New York state has added 117,300 total jobs, a 1.4 percent increase, and 132,600 private-sector positions, a 1.8 percent rise. Both gains match U.S. job growth in the same period.

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All told, the state has recovered 348,000 private-sector jobs since November 2009, regaining all such jobs lost during the state’s recession. Only four other states have regained all of the private-sector jobs they lost in the recession, the state DOL said.

 

Contact DeLore at tdelore@tmvbj.com

 

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