Contact Us

Bureau of Labor Statistics Report Shows Slight Improvement In NYS

Getty Images

Utica, NY (WIBX) – Some new figures coming from the U.S. Bureau of Labor Statistics shows a slight decrease in the number of unemployed and underemployed workers in the state. Martin Kohli, Regional Economist with the agency, says despite the slow economic recovery, New Yorkers are doing better than many other states.

“So, if you were suffering here there are places you probably will not want to go like California, Las Vegas, Arizona and perhaps many areas in Florida. These are all areas that really suffered during the bursting of the housing bubble and the housing market really has not recovered in a lot of areas yet,” Kohli said. On the other hand, he says Washington, DC, Houston and Dallas have shown the most improvement.

Kohli says the bottom line is that the recovery has a ways to go before people are made whole from the recession. He said, “This is telling us that a lot of people are still suffering from the recession. The one thing that’s a little bit of a bright news is that these numbers tend to be higher for the nation than they are for New York. And, that’s a reflection of the fact that the recession basically hit harder nationally than it did in New York.” He says the only sector that’s seen a steady expansion is the healthcare industry.

Click HERE to view the full report from BLS.

Best Of WIBX950

Recommended For You

Best Of The Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for IBX INCENTIVE CLUB quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive IBX INCENTIVE CLUB contests, events, coupons, presales, and much more delivered to you for FREE.