New York State (NYS) Unemployment Rate: New York’s unemployment rate has gone down.
While that is welcome news about the state’s economy, there is a downside to those who are still looking for work. The recently released rate for April, May and June was 8.3%. That puts the state’s unemployment below the 8 point 5 threshold the feds set for additional weeks of jobless benefits. That means New York’s unemployed will now receive 93 weeks of assistance, rather than the 99 weeks provided when the rate was higher. For more information go to the Labor Department’s Web site at www.labor.ny.gov.