Bronx, Brooklyn Lead City Unemployment Rate Jump
Contrary to a steady national unemployment rate, state and city joblessness increased substantially in August, according to statistics from the New York State Department of Labor. The national unemployment rate held firm at just over 6 percent, while the state rate jumped from 5.3 percent in July to 5.6 in August. New York City fared worse, seeing its unemployment rate jump to 5.9 percent in August, up from 5.4 percent in July and 5.3 percent in August 2007.
The Bronx outpaced the city’s boroughs with an 8 percent unemployment rate; Brooklyn was a distant second with 6.4 percent, up from 5.9 percent in July. Manhattan led the city with an unemployment rate of 5 percent, followed by Queens at 5.2 percent and Staten Island at 5.7 percent.
The August numbers don’t take this month’s financial crisis into account, obviously, so look to next month’s statistics to determine the immediate aftershocks of the collapse of Lehman Brothers on New York’s labor market.
Click here to read the statistics.
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"The Bronx outpaced the city’s boroughs with an 8 percent unemployment rate; Brooklyn was a distant second with 6.4 percent, up from 5.9 percent in July. Manhattan led the city with an unemployment rate of 5 percent, followed by Queens at 5.2 percent and Staten Island at 5.7 percent."
By the numbers, Manhattan at 5 percent has the lowest unemployment rate of any of the 5 boroughs. So why does the author write "Manhattan led the city with an unemployment rate of 5 percent"?
Unemployment is a bad thing, genius...
the man has did it again with the help of a blind man in albany only in america baby wait till january 20 2009 the other guy can see but he can not see you. god bless america thats why we have crime. dont you just love it.