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Area’s jobless rate drops to 5.4 percent

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The Capital Region’s unemployment rate fell 1.1 percent in the 12 months leading up to July from 6.5 percent to 5.4 percent, according to preliminary data released today by the state Department of Labor. The Albany-Schenectady-Troy metro had the third lowest unemployment rate among upstate New York metros in July. The Ivy League metro of Ithaca maintained its long-running lead with 4.8 percent unemployment last month, while the Glens Falls metro reported 5.3 percent unemployment ...


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