State Unemployment Rate Lowest Since Feb 2007

The statewide unemployment rate decreased from 4.4% to 4.3% in March 2017, according to preliminary figures released today by the New York State Department of Labor. This represents New York State’s lowest unemployment rate since February 2007. Pushing the statewide rate lower was another drop in New York City’s rate, which declined from 4.3% to 4.0% in March 2017. New York City’s rate is at an all-time low on records going back to 1976.