Unemployment rates in the Syracuse, Binghamton, Utica–Rome, and Ithaca metro areas declined in August, compared to a year ago, according to the latest New York State Department of Labor data released Tuesday.
The jobless rate in the Syracuse area was 6.1 percent in August, down from 7.1 percent 12 months ago.
The unemployment rate in the Utica–Rome region declined to 6.0 percent last month from 7.1 percent in August 2013.
(Sponsored)
“Borderline” Overtime Exemptions Require Careful Analysis and Precautionary Measures
Q: We have an employee who we believe is properly classified as exempt from receiving overtime under the Fair Labor Standards Act (FLSA) but it is a “borderline” case. In
It’s Time for Your Business to Think About Year-End Tax Planning
As the year-end approaches, it’s time to take proactive steps to help lower your business’s taxes for 2024 and beyond. Deferring income and accelerating deductions to minimize taxes can be
The unemployment rate in the Binghamton metro area fell to 6.3 percent in August from 7.3 percent in the year-earlier period, according to figures from the state Labor Department.
And, the jobless rate in the Ithaca area came in at 4.4 percent last month, down from 5.4 percent a year prior.
The data isn’t seasonally adjusted, meaning the figures don’t reflect seasonal influences such as holiday hires. The unemployment rates are calculated following procedures prescribed by the U.S. Bureau of Labor Statistics, the New York Labor Department said.
Contact Reinhardt at ereinhardt@cnybj.com