Area unemployment rates on the rise

Apr 01, 2009 at 08:48 am by Observer-Review


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Area unemployment rates are on the rise

TRI-COUNTY AREA—As of February, the unemployment rates for Schuyler, Yates and Steuben Counties are the highest they have been in years.
Schuyler County’s unemployment rate reached 10.4 percent, the first time it has been this high since February 1994.  Yates County’s unemployment rate reached 8.6 percent, the first time it has been this high since January 1993.
The latest unemployment rate for Steuben County is 10.9 percent, up from 10 percent in January. The last time unemployment was this high was in January 1992, with 10.7 percent. In February and March of the same year, the rates went down to 10.5 percent and 10 percent, respectively.
According to the New York State Department of Labor, Yates' unemployment rate for January 1993, was 8.4 percent. The current unemployment rate is up from 8.1 percent in January 2009.
According to the New York State Department of Labor, Schuyler's unemployment rate for January 1993, was 8.4 percent. The current unemployment rate is up from 8.1 percent in January 2009.  According to the New York State Department of Labor, the unemployment rate has been rising nonstop since August of last year.  From there the unemployment rate went from 5 percent to what it is now.  The unemployment rate for February 1994 was 10.3 percent.  The month before that was 10.5 percent.  The current unemployment rate is up from 9.8 percent in January 2009.
For the Finger Lakes region, the unemployment rate as of February is 8.7 percent, up from 8.1 in January.  The Finger Lakes region has not had an unemployment rate this high any time since 1990, which is as far back as the information on the DOL’s Web site goes.  The current unemployment rate for the state is 8.4 percent, which is up from 7.6 percent in January.  Not since January of 2004 has the statewide rate been over eight percent.
 
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