Unemployment Rate In New York City Hits 9.3 Percent

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ALBANY, N.Y. (AP) -- More than 850,000 New Yorkers were unemployed in June, pushing the state's jobless rate to 8.7 percent from 8.2 in May. State labor officials said Thursday that's the highest level since October 1992.

In New York City, the non-seasonally adjusted unemployment rate reached 9.3 percent in June, up from 8.7 in May and well above the 5.1 percent recorded in June 2008.

Outside New York City, Steuben County again had the highest rate at 10.3 percent, followed closely by St. Lawrence County at 10.2 percent. The lowest rate -- 6.1 percent -- was in Hamilton County. The next lowest rate was 6.7 percent in Saratoga County.

The state has lost 209,000 private sector jobs since June 2008, with most of those coming from the trade, transportation and utilities sector, according to statewide labor market analyst Kevin Jack. Professional and business services saw the second largest drop, followed by manufacturing and financial activities.

Jobs were added in New York's educational and health services sector, which Jack said is fairly typical. Jobs in those areas tend to be insulated from business conditions and are more dependent on population demographics.

Jack said it's significant that job losses are being felt across the state and not just in New York City. The unemployment rate outside New York City climbed to its highest rate in 26 years, standing at 8.2 percent in June.

The labor department's Peter Neenan said that despite the continued deterioration of labor market conditions, New York lost jobs at a slower pace than the nation as a whole. The federal unemployment rate was 9.5 percent in June, up from 9.4 percent in May.

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