NY state jobless rate dips to 7.4 percent in Nov. - New York News

NY state jobless rate dips to 7.4 percent in Nov.

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ALBANY, N.Y. (AP) - State officials say New York's unemployment rate dropped from 7.7 percent in October to 7.4 percent in November, the lowest level in nearly five years.

The Department of Labor says Thursday that the state's private-sector job count rose by 4,300 to more than 7,493,000, an all-time high.

Officials say November's jobless rate is the lowest since January 2009. The rate in November 2012 was 8.2 percent.

The national rate last month was 7 percent, down from 7.3 percent in October and 7.8 percent in November 2012.

Officials say New York City's rate stood at 8.5 percent in November, down slightly from October. The rate for areas outside the city dropped from 6.9 percent in October to 6.6 percent last month.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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