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NY UNEMPLOYMENT DROPS TO NEAR 9/11 LEVELS
WINS News ^ | 9/16/04

Posted on 09/16/2004 11:42:50 AM PDT by areafiftyone

Statewide unemployment rates, including those in New York City, have dropped to their lowest levels in three years, state Labor Department data released Thursday shows.

State unemployment dropped to 5.6 percent in August, down from 5.9 percent in July, hitting the lowest level since November 2001.

New York City's unemployment rate was 6.7 percent in August, down from 7.5 percent in July. The August rate was the lowest since September 2001.

Statewide, private sector jobs grew in August for the 12th straight month, adding 6,100 jobs. That reflects a growth of 0.1 of 1 percent, according to the data.

The rate of gains in private sector jobs matched the national average.

Job gains were strongest in August, which was when the city planned and began the Republican National Convention.

"This is a good step," said state Labor Department spokesman Robert Lillpopp. He said the city is poised for a recovery and the state is matching a national recovery from the economic devastation of the terrorist attacks that came with a national recession.


TOPICS: News/Current Events
KEYWORDS: busheconomy; economy; thebusheconomy; theeconomy

1 posted on 09/16/2004 11:42:52 AM PDT by areafiftyone
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To: areafiftyone

The national recession was inherited by the Bush administration, created under Clinton.

There was no 9/11 recession, but there was a 9/12 recovery.

It is called - President Bush's Economy.


2 posted on 09/16/2004 11:45:04 AM PDT by Stallone (Warrior Freepers Rule The Earth)
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To: areafiftyone

More bad news for the Democrats! Gotta love it.

What's good news for America is bad news for the Dems.


3 posted on 09/16/2004 11:46:37 AM PDT by NavySEAL F-16 (Proud to be a Reagan Republican)
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To: areafiftyone
RUT-ROH!
4 posted on 09/16/2004 11:47:18 AM PDT by mattdono (Chris Matthew is Zell Miller's b*tch! (and the MSM is FR's b*tch!))
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To: areafiftyone

Not sure about downstate but a major reason that for the low upstate unemployment is that people leave the area when they lose their jobs rather than sticking around and looking for new work. The emigration to immigration ratio for Onondaga County (Syracuse and suburbs) is something like 7-1. New York's taxpayers are educating a good part of the work force of the Carolinas and Texas.


5 posted on 09/16/2004 11:49:54 AM PDT by jalisco555 ("The best lack all conviction, while the worst are full of passionate intensity." W. B. Yeats)
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To: areafiftyone

It don't mean nothing...It don't mean nothing...

6 posted on 09/16/2004 11:53:03 AM PDT by bmwcyle (I wear sleepwear therefore I think)
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To: areafiftyone

Smile everyone. It is a beautiful day.


7 posted on 09/16/2004 11:53:47 AM PDT by Petronski (Pajamarazzi power!)
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To: bmwcyle

LOL


8 posted on 09/16/2004 11:54:17 AM PDT by areafiftyone (Democrats = the hamster is dead but the wheel is still spinning)
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To: Stallone

bttt


9 posted on 09/16/2004 12:16:07 PM PDT by BenLurkin (We have low inflation and and low unemployment.)
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To: areafiftyone

Bush Fault!.... LOL I love it!


10 posted on 09/16/2004 12:30:48 PM PDT by Sprite518
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To: areafiftyone

bttt


11 posted on 09/16/2004 9:04:39 PM PDT by ConservativeMan55 (http://www.osurepublicans.com)
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