New York CityNEW YORK, NY December 17, 2009 —The city's unemployment rate has fallen to 10 percent, matching the national unemployment rate. That's according to new state labor department figures, which show the state's jobless rate improving from 9 percent in October, to 8.6 percent last month.
Bruce Herman, deputy commissioner of the state's labor department, says even though the latest numbers are encouraging, there's not enough data to suggest an economic recovery. "What we're concerned about is the magnitude of job loss over the past year, that has put the state and New York City in a pretty deep hole, and what can be done to assist the hundreds of thousands of New Yorkers that are still unemployed," Herman says.
In November, city jobs were lost in the areas of construction, publishing, and in museums. On the other hand, jobs were added in the city's education, accounting, and retail sectors.
The state fared better than the city from October to November, but the unemployment rate dropped from 9 to 8.6 percent.
The financial-services industry has shed the greatest number of jobs this year.
Every major city affected by a heavy rate of foreclosures should implement a "foreclosure registry"...
ReplyDeleteit's the most dangerous city in the country, it has the highest unemployment rate. just terrible.
ReplyDelete"Its closing creates literary void in city with high illiteracy rate." Does Amazon not deliver to Laredo? Still Pony Express?
ReplyDeleteI like element boards, they have such a smooth ride :) I got mine from City Beach mates rate! So keen to skate!
ReplyDeleteWe need to bring and open more major businesses in inner detroit city which will greatly affect our employment rate in a positive way
ReplyDeleteI think its good, and it might actually lower the rate of violence in the city. But I don't plan on watching any fights myself.
ReplyDeleteThe reason DC has the country's highest HIV rate is bc the city's public education system has been broken for so long. dcps
ReplyDeleteFound a helpful City employee who led me to the correct office. COH puts forth 1st rate effort to discourage citizens from volunteering.
ReplyDeleteDetroit's Mayor reckons his city's unemployment rate is nearing 50%! That's terrifying!
ReplyDeleteWe are the host hotel of the Rapid City Rush. Walk to the Civic Center. Special Rush hockey rate of $62.00/night. Call (605) 737-4656.
ReplyDeleteHuffington Post lead story says Detroit now has 50% unemployment rate. Wow. This once-great city needs big help. Change is coming slowly.
ReplyDelete"its closing will create a literary void in a city with a high illiteracy rate"
ReplyDeleteshesh, the accident rate seems to have risen after the city i live in decided to widen one of its major high-traffic streets. >.>;
ReplyDelete