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State's economy adds 4,500 private sector jobs in September, unemployment rate drops to 6.2 percent

from New York State Department of Labor

New York State’s private sector job count grew by 4,500, or 0.1 percent, in September 2014, according to preliminary figures released today by the New York State Department of Labor. This latest monthly employment gain raised New York State’s overall private sector job count to 7,614,500, an all-time high. The statewide unemployment rate declined from 6.4 percent to 6.2 percent in September 2014, its lowest level since October 2008. In addition, New York City’s unemployment rate dropped from 7.8 percent to 6.8 percent over the past two months, marking the City’s largest two month rate drop ever (current records go back to 1976). more

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