Bronx, Brooklyn Lead City Unemployment Rate Jump

Contrary to a steady national unemployment rate, state and city joblessness increased substantially in August, according to statistics from the New York State Department of Labor. The national unemployment rate held firm at just over 6 percent, while the state rate jumped from 5.3 percent in July to 5.6 in August. New York City fared worse, seeing its unemployment rate jump to 5.9 percent in August, up from 5.4 percent in July and 5.3 percent in August 2007.

The Bronx outpaced the city’s boroughs with an 8 percent unemployment rate; Brooklyn was a distant second with 6.4 percent, up from 5.  read more »

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