The number of people filing initial applications for unemployment benefits in New York state fell 16 percent to 15,910 in the week ending Sept. 20, from 18,969 the week before.
That’s the lowest number of weekly jobless claims in the state since October 2007, according to data the U.S. Department of Labor issued Thursday.
Fewer layoffs in the Empire State’s construction, manufacturing, and transportation and warehousing industries led the decline in the latest week, according to a Department of Labor news release.
(Sponsored)
The Importance of Relationship Banking for Small Business Success
Small business owners wear many hats. Each day can bring on new challenges requiring valuable time and focus – especially in the competitive economic environment we live in today. The
The Pay Transparency Laws Become Effective On September 17th. Are You Ready?
Later this month New York will join a handful of States in the US which require greater transparency in wages. In December 2022, the Governor signed into law new wage
The number of people continuing to receive unemployment-insurance benefits in New York declined 10 percent to 156,030 in the week ending Sept. 20, from 173,595 in the prior week, according to the Labor Department data. That’s also a nearly seven-year low in that figure.
The state data is not seasonally adjusted.
Contact Rombel at arombel@cnybj.com