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Tuesday, December 24, 2024

State Labor Department Releases Preliminary November 2024 Area Unemployment Rates

The New York State Department of Labor today released preliminary local area unemployment rates for November 2024. Rates are calculated using methods prescribed by the U.S. Bureau of Labor Statistics. The State’s area unemployment rates rely in part on the results of the Current Population Survey, which contacts approximately 3,100 households in New York State each month. To recap last week’s statewide press release, New York State’s seasonally adjusted unemployment rate held constant at 4.4% in November 2024.