The State Department of Labor released July unemployment numbers yesterday and it was slightly better news for the state, not very good news for the city: "New York State's unemployment rate, after seasonal adjustment, decreased from 8.7 percent in June to 8.6 percent in July 2009," but "New York City's rate increased from 9.4 percent in June 2009 to 9.6 percent in July 2009." And NY State-not- including- NYC unemployment decreased from 8.2% in June to 7.9% last month. National unemployment fell from 9.5% in June to 9.4% in July. A state Labor Department economist said, "Although the national economy is showing signs of bottoming out, the outlook for the city’s economy remains weak into 2010.”
NY State Unemployment Down, NYC Unemployment Up
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