LayoffBlog.com

March 5, 2009

NY state lost 25 pct of new jobs since last decline

Filed under: FYI,General,unemployment,US — DF @ 5:23 pm
Tags: , ,

According to Reuters: “New York state, in the final quarter of 2008, lost over 25 percent of the jobs it had gained since the last downturn, a statistic that reveals the deepening recession, the labor department said on Thursday.

This means 110,300 people working at private companies lost their jobs in just three months.

These employers had hired more than 400,000 people from July 2003, when the last decline ended, to August 2008, when the economy peaked, the state labor department’s report said.”

1 Comment »

  1. Look on the bright side. New York is making its $25 weekly increase in unemployment benefits retroactive to March 1st.

    Comment by jobseeker — March 10, 2009 @ 8:26 pm | Reply


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