Long Island unemployment rate drops to record low

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The Long Island unemployment rate fell again in October, dropping to an all-time low. 

The not-seasonally-adjusted unemployment rate for Long Island in October was 2.2 percent, down from the 2.7 percent rate from September, and the lowest in the more than 32 years on record, according to preliminary numbers from the New York State Department of Labor. 

The October not-seasonally-adjusted unemployment rate for Nassau County was 2.1 percent and the rate for Suffolk County was 2.3 percent, the DOL reports.  

Last month’s unemployment rate for Nassau was below the county’s previous all-time low rate of 2.4 percent recorded in Dec. 1998 and last month’s unemployment rate for Suffolk was below the county’s previous all-time low rate of 2.7 percent recorded last December.  

October’s unemployment rate for Long Island was well below the 3.4 percent unemployment rate recorded a year ago. 

The state’s seasonally adjusted unemployment rate rose from 4.3 percent in September to 4.4 percent last month. 

New York City had the highest unemployment rates in the state in October, led by the Bronx (7.4 percent); Brooklyn (5.5 percent); Staten Island (5 percent) and Queens (4.9 percent). 

Columbia and Saratoga counties led the state with the lowest unemployment rate in October at 1.9 percent. 



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Image and article originally from libn.com. Read the original article here.