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New York unemployment claims jump by 15,000 in latest week

The number of people applying for new unemployment-insurance benefits in New York state surged by 15,693 to 38,985 in the week ending July 11, according to a U.S. Department of Labor news release issued Thursday.

The Empire State reported the largest increase in jobless claims of all 50 states in the latest week,

Layoffs in the state’s transportation and warehousing, educational service, and manufacturing industries, led the increase, according to the Labor Department.

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The state data is not seasonally adjusted.

Weekly jobless claims are typically volatile and advance data provided by New York state indicates that its jobless claims likely dropped sharply in the week ending July 18. That data will be finalized next week.

 

Contact Rombel at arombel@cnybj.com

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