The number of people applying for new unemployment-insurance benefits in New York State jumped by 4,521, or 28 percent, to 20,395 in the week ending April 2, according to a U.S. Department of Labor report issued Thursday.
The Empire State reported the biggest increase in filed jobless claims of all 50 states in the latest week.
Layoffs in New York’s transportation and warehousing, accommodation and food service, and health care and social assistance industries led the rise, according to the Labor Department.
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The commercial real estate market has been rough for some time, and the residential market has seen wild fluctuations. Inflation, high interest rates and decreased demand for office space have
The state data is not seasonally adjusted.
Weekly jobless claims are typically volatile and advance data provided by New York State indicates that its jobless claims likely fell by 2,185 in the week ending April 9. That data will be finalized next week.
Nationally, seasonally adjusted initial unemployment claims fell by 13,000 to 253,000 in the week ending April 9, from the previous week’s revised total of 266,000, the Labor Department reported.
“There were no special factors impacting this week’s initial claims. This marks 58 consecutive weeks of initial claims below 300,000, the longest streak since 1973,” the department said in its news release.
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