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| File Photo: Mario Tama/Getty Images |
Posted: Thursday, 20 November 2008 1:46PM
Report: New York Unemployment at 5.7 Percent
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ALBANY, NY (AP) -- New York lost nearly 14,000 private sector jobs in October, while the seasonally adjusted unemployment rate in New York City and across the state dipped slightly to 5.7 percent.
That's down from 5.8 percent in September, but up from 4.6 percent in October 2007. Outside New York City, St. Lawrence County had the highest unemployment rate last month at 6.9 percent.
Here is important information from the New York State Department of Labor on unemployment insurance benefits.
Before you fill out an application for unemployment, check out these questions from NYS Dept. of Labor.
The latest numbers were released Thursday, a day after HSBC Mortgage Corp. said it was cutting 225 jobs at its Buffalo-area headquarters.
Meanwhile, the financial industry continues to shed jobs in Manhattan and one of the North Country's biggest private employers, Wyeth Pharmaceuticals, announced plans this week to lay off 118 of the 725 remaining workers at its Rouses Point plant.
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