The number of people filing initial applications for unemployment benefits in New York state fell nearly 4 percent to 18,296 in the week ending Nov. 1, from 19,042 the week before.
That’s according to a U.S. Department of Labor news release issued Thursday.
The drop in initial jobless claims comes just a week after the Empire State’s unemployment claims jumped 16 percent. These statistics can be volatile from week to week.
(Sponsored)
Small Business Accounting Errors and How to Avoid Them
Running a small business presents many challenges, which can draw your attention in multiple directions at once. Keeping track of your company’s finances is essential to its long-term success and
“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
The number of people continuing to receive unemployment-insurance benefits in New York edged up slightly to 158,973 from 158,704 in the prior week, according to the Labor Department data. It’s the third straight week in which continuing claims have increased in the state.
The state data is not seasonally adjusted.
Contact Rombel at arombel@cnybj.com
