The number of people filing first-time applications for unemployment benefits in New York state dipped 4 percent to 15,159 in the week ending Oct. 29 from 15,793 the week before.
That’s according to a news release issued Thursday by the U.S. Department of Labor, citing advanced data provided by the state.
It’s the second week in a row that initial jobless claims have decreased in the Empire State, signaling a reduction in layoffs.
(Sponsored)

The Importance of a Quality of Earnings Study
Are you planning to buy a business or sell your own business? If yes, then it is highly recommended to get a Quality of Earnings (QoE) study done. A QoE

Asset Acquisition Strategies: Choosing Between Financing, Leasing or Buying
When acquiring business equipment or machinery, how you choose to pay can significantly impact your cash flow, tax strategy and long-term financial position. The three primary optionsare financing, leasing and
In the week ending Oct. 22, New York’s claims fell by 1,240, or 7 percent. That decline was led by fewer layoffs in the state’s transportation and warehousing, accommodation and food service, and public-administration industries, according to the release.
The state data is not seasonally adjusted and is subject to revision. As a result, weekly jobless claims tend to swing from week to week and are affected by seasonal factors.
Contact Rombel at arombel@cnybj.com


