NYS Unemployment Rate Dips to Lowest in 7 Years
New York state's unemployment rate is at its lowest level in seven years. The state labor department pegs the new rate at 5.4 percent. Preliminary figures show the state economy added 19,300 private sector jobs in July for a record high of nearly 7.9 million. The labor department says over the past three months, New York has added 95,300 private sector jobs, marking the state's largest three-month jobs gain on record.