CAPITAL REGION Region’s jobless rate continues to be high BY AMEERAH CETAWAYO Gazette Reporter
The unemployment rate for the Albany-Schenectady-Troy metropolitan area in February remained a stubbornly high 7.7 percent, barely changing from January’s 7.8 percent as more than 35,000 were jobless. February 2009 had an unemployment rate of 7.2 percent. The state Department of Labor said the Capital Region shed 9,700 nonfarm jobs and 7,100 private-sector jobs, representing a more than 2 percent decline in both categories between February 2008 and February 2009. For business owners like Harmeet Kaur, who want to be able create local jobs, the cost of doing business during recessionary times remains a barrier. The owner of BS American and Indian Bazaar at 1901 State St. in Schenectady said her electric bill is more than all of the other monthly expenses for her business combined. The 3-month-old venture sells Indian and American groceries. “I can’t hire anybody. I have no choice,” she said. “I have three children and I can’t be here every day. I want at least one day off.” Statewide, the unemployment rate held at 8.8 percent in February as the economy showed slight improvement. New York’s number of unemployed declined slightly from 851,400 in January to 845,100 in February. And there was a 0.1 percent increase in employment as 5,800 nonfarm jobs and 8,100 private-sector jobs were added. ..............>>>>.............................>>>>...........http://www.dailygazette.net/De.....r00503&AppName=1
Agreed, Kevin. Have to point out though - Schenectady' unemployment went down, along with only two other counties. Whatever/whoever is responsible for that deserves kudos.
Agreed, Kevin. Have to point out though - Schenectady' unemployment went down, along with only two other counties. Whatever/whoever is responsible for that deserves kudos.
How about the fact that the 'seasonal workers' are going back to work?
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
Agreed, Kevin. Have to point out though - Schenectady' unemployment went down, along with only two other counties. Whatever/whoever is responsible for that deserves kudos.
I guess so, but how many of those people are actually working IN the county? Anyway, I would say that we would be most closely matched with Albany County. Comparably, Scenectady County is slipping, Feb '09, there was a 0.7% difference, Jan '10, 0.9%, Feb '10, 1.0%. Not a good trend.