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Unemployment Rate Drops In NYC


unemThe state labor department says New York City’s unemployment rate has dropped.

It was 7.8 percent in July. That’s down from 7.9 percent in June.

The Wall Street Journal says the drop occurred even though the private sector lost 9,000 jobs.

A department analyst says a contraction in the private labor market between June and July is typical. But this year the decrease was much smaller than usual.

(AP)



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