NYS Unemployment Updates

Monday, February 14th, 2011 1,278 views

Ongoing NYS unemployment is producing is difficult for workers, career seekers and little enterprises in New York City. As New York State unemployment ensues as a result of a challenging career market place, New Yorkers are struggling to produce ends meet and also have difficulty conserving funds.

Big businesses possess a income of about $10 million yearly but a substantial variety of unemployed New Yorkers are just hoping to acquire a task wherever. As huge companies see improvement, they are far more upbeat about hiring which could be great news for some NYC dwellers.

The city’s private employment numbers plummet by 3,600 in November. The jobless rate inside the city in November was 9.1 percent. The highest unemployment rate is in the Bronx at 11.8 percent.

The state’s economy lost 22,600 private sector jobs in December 2010. The state’s seasonally adjusted unemployment rate fell to 8.2% in December, remaining beneath the nation’s rate of 9.4%

The New York City unemployment rate dropped to 8.9 percent in December, 2010. This doesn’t contain individuals who are no longer seeking work or stopped collecting unemployment. The quantity of New Yorkers from work is more likely to be considerably greater.

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New York State Unemployment Update

Monday, February 7th, 2011 1,534 views

The financial services in New York State lost 30,000 jobs more than the yr. greater than one-half of the losses on this sector occurred within the securities and commodity contracts market, the NYS Labor Department reported. The number of personal sector jobs while in the State enhanced by 30,500, or 0.4 %, to 6,991,100 in January, as well. Excluding the new York  metropolitan place, New York State’s unemployment rate is as very low as 7.7 %.

New York State adjusted unemployment rate by 8.2% in December 2010, opposed to 8.3% in November. Statistically speaking, the quantity of unemployed New York State residents has dropped from 797 600 in November to 792.8 thousand in December 2010.

Btw, there are information for claimants from NYS Department of Labor below (source) :

  • Tax Form 1099G
    All 1099G forms have been mailed for 2010. By February 16, 2011, you will be able to view and print your 1099G on this website. If you have not yet received this form and need it before that date, you can complete and mail the Request for 1099-G form.
  • New York State Benefit Extensions (Last Updated February 2, 2011)
    Under current unemployment benefit extensions, New York State provides an additional 67 weeks of unemployment benefits for a total of 93 weeks of unemployment benefits. Please continue to claim weekly benefits in the usual manner, unless you receive instructions to file a new claim.
  • New York State’s 3-month average Total Unemployment Rate is 8.2 % (Last updated February 2, 2011)
    New York State’s 3-month average unemployment rate is 8.2%. This falls below the 8.5% average required by the Federal government for people to claim the six weeks of benefits under EUC Tier 4. If you have claimed all EUC Tier 3 benefits by the week that ends August 15, 2010, you can receive the 6 weeks of EUC Tier 4. Then, if you are still unemployed, you can move into Extended Benefits. If you have not claimed all EUC Tier 3 benefits by the week that ends August 15, 2010, you cannot receive Tier 4 benefits. That means you will move from EUC Tier 3 directly into Extended Benefits.

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Are There Less Unemployed in NYC?

Monday, December 20th, 2010 843 views

NYS unemployment went down once again last month regardless of the reality joblessness edged up nationally. According to the State Labor Department, New York City unemployment went down to 9.1 percent in November, 2010. New York State unemployment peaked a yr in the past at 10.5 percent.

The NYC unemployment rate has steadily declined given that last yr. NYC additional close to 14,000 jobs in November. Entities hiring included employment agencies, accounting and business providers and Wall Street. Despite these newly developed jobs, there are fewer specialists doing work in investment banking and securities.

New York State fared worse than NYC. NYS unemployed went up to 8.3 percent in November from 8.2 percent the previous month. On Friday, President Obama signed the law for prolonged unemployment benefits which also incorporated tax cuts. Unemployed New Yorkers are assured of a benefit check even when they don’t come across a job for the holidays.

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