Binghamton Job Market Shows Unemployment Rate Improvement

The Binghamton Job Market is seeing an improvement in the jobless rate for the month and year.

According to the New York State Department of Labor, unemployment fell 3.5% from August of 2020 to last month and fell from 5.6% in July to 5.4%.

The numbers are not seasonally adjusted and subject to change and can be found at the department of labor website: https://statistics.labor.ny.gov/cesemp.asp.

Total non-farm jobs went up .1% from 9.3 to 9.4 July to August. Non-farm jobs rose 3.2 from the previous August.

The New York State unemployment rate stood at 7.1% for August, down 4.5% from the previous year.

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