Area jobless rate level despite gain

Thursday, December 27, 2012
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— The Capital Region’s unemployment rate was 6.8 percent last month, the same as November 2011 despite a net gain of 4,000 jobs over the same period, according to figures released today by the state Department of Labor.

The Albany-Schenectady-Troy metropolitan area did see a drop in unemployment from 7.2 percent in October, though. New York state saw its unemployment rate hold steady from November 2011 to November 2012 at 7.9 percent. Last month’s rate dropped from 8.3 percent in October.

Saratoga County had one of the state’s lowest unemployment rates last month at 6.4 percent, which was a tick above its November 2011 rate but a drop from October’s rate of 6.8 percent.

Unemployment was 6.7 percent in Albany County last month, remaining flat from one year earlier and dropping from 7.2 percent one month earlier.

Schenectady County’s unemployment rate was 7.4 percent last month, an increase from last November’s 7.2 percent rate. Unemployment dropped from 7.7 percent in October.

Unemployment stayed flat from October to November in Schoharie County at 8 percent. Last November’s rate was 8.6 percent.

Fulton County had one of the highest unemployment rates in the state at 9.7 percent in November, an increase from last November’s 9.5 percent rate but a drop from 10.1 percent the month before.

Montgomery County’s unemployment rate was 9.3 percent last month, an increase from last November’s rate of 9 percent but a drop from 9.6 percent one month earlier.

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December 27, 2012
8:11 p.m.
FrankLowe says...

Saratoga county, one of the states lowest unemployment rates. No coincidence that they also have one of the lowest tax rates. It's a pretty simple and logical equation. Low taxes equal grow and prosperity, high taxes equal stagnation and oppression. To bad the stupid politicians and big government neanderthals aren't smart enought to understand simple equations

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