After hovering just above 10 percent since last summer, the city’s jobless rate dipped below 10 percent in April.
The New York State Department of Labor found that the city was at approximately 9.8 percent unemployment, down from 10 percent in March. The national unemployment rate is 9.9 percent.
The United States as a whole saw its unemployment rate increase in April. The state added 31,500 private sector jobs last month and overall unemployment dropped 0.2 percent to 8.4 percent in April, the report noted.
For both the city and the state, this was the fourth consecutive month that jobs were added to the market and April marks the lowest unemployment rate since May 2009.
Friends Read Free