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New York's unemployment rate keeps falling

May 20, 2022 1:11 pm

Nick Reisman reports for New York State of Politics that the unemployment rate continues to fall in New York. In April, unemployment fell from 4.6 percent to 4.5 percent, the state Department of Labor announced May 19. New York added 23,600 jobs in the private sector in April, a 0.3 percent increase. Last April, New York's unemployment rate was much worse, at 7.7 percent. But the state still is not as employed as the rest of the country, where there is a national 3.6 percent unemployment rate. If you remove New York City, though, the state's rate is better than the national rate, at 3.1 percent. Read more about this story at New York State of Politics.