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"Jobless rate in NY ticked up to 8.6 pct. in May
Wall Street Journal - 5 hours ago
AP ALBANY, NY — The number of people without jobs in New York increased slightly last month, nudging the unemployment rate to 8.6 percent from 8.5 percent in April and 8.1 percent a year earlier. The state labor department said Thursday the number of .."
no worries there are all those foreign buyers.... hah
That's NY state. NYC is 9.7 percent, almost 1 percent HIGHER than last year.
I can see you're all jacking off to more unemployed but then why are apt sales going through the roof( no pun intended)?
I hate to burst your euphoria to higher unemployment
The total amount of assets are at a certain level, the higher the employment (more poor), the richer the 1% become.
This well explains why Manhattan RE continues to make record-high prices.
oops, should be unemployment, typo
"That's NY state. NYC is 9.7 percent, almost 1 percent HIGHER than last year."
The article also mentions NYC, try reading it next time before commenting, thanks.
jason10006, I did read the article. You quoted the NYS unemployment in your initial post, but I felt that the NYC numbers are even more relevant. I also wanted to highlight the fact that it was almost 1 percent higher than the same time last year.
Did my comment somehow offended you in some way that you felt the need to respond in such as nasty tone?
His retard helmet is on too tight again.
Sunday, thank you for pointing it out. I agree it is a lot more relevant to this NYC discussion board and some of us don't read every link someone cuts and pastes to this board.