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Red states roaring, blue states beset by high unemployment
#61
No state governor managed the pandemic worse than New York's Andrew Cuomo and no big city mayor managed it worse than New York City Mayor Bill de Blasio. New Yorkers are paying dearly for the incompetence of their elected Democrat officials. Making matters worse is the fact that Cuomo and de Blasio blame each other for the problems that the state and city are facing. When will New York voters learn that Democrats have no answers for the problems that they have created?

[Image: https://noslavelabor.com/img/deblasiovscuomo.jpg]

Quote:Cuomo-nomics? New York lags rest of the country in job growth

New York gained private sector jobs in May but not at the same rate as the rest of the country.

Jobs data released Thursday shows New York gained private-sector jobs in May but not at the same rate as the rest of the country.

The New York State Department of Labor said the number of jobs grew by 17,500, or 0.2%, last month as there are now nearly 7.5 million jobs in the state.



Nationally, the number of private-sector jobs grew at a 0.4% clip, meaning 492,000 new jobs were created.

New York’s unemployment rate went from 8.2% in April to 7.8% last month. That’s still significantly higher than the U.S. average of 5.8%.

In addition, while the state’s unemployment rate went down, so too did its labor participation rate, which accounts for the percentage of working-age individuals - people 16 or older - who are either working or actively seeking a job. It went from 61.4% in April to 60.9% last month.

New York City continues to be the main drag on the statewide numbers. According to the DOL, the city’s unemployment rate was 10.9% for the month. That’s down from 11.4% in April, but outside of the nation’s largest city, the rest of the state reported a 5.5% unemployment rate for May.
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RE: Red states roaring, blue states beset by high unemployment - by Hoot Gibson - 06-20-2021, 10:49 AM

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