Yonkers Unemployment Rate Down Over 2 Percent from Last Year to 5 Year Low

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A look at Mindspark’s new headquarters along the day lighted Nepperhan River in Yonkers downtown. Mindspark’s move to Yonkers brought 160 new jobs to the city.

YONKERS, NY — March 13, 2014 — Mayor Mike Spano tis week announced preliminary data released by the New York StateDepartment of Labor showing the January 2014 unemployment rate (7.1%) in the City of Yonkers is at its lowest in five years and down over 2% from last year. Data also shows Yonkers having the lowest unemployment of New York’s other big 5 cities – New York City (8.1%), Buffalo (9.0%), Rochester (8.8%) and Syracuse (8.0%).

“Accompanying the increase we’ve experienced in sales revenue and home sales, the downward trend in unemployment over the last several years is another positive sign of the growth of our economy,” said Mayor Spano. “With new job creating projects on the horizon I am hopeful that we will see this trend continue.”
The January 2014 unemployment rate in Yonkers was 7.1%, down from 9.2% in January 2013, 9.1% in 2012, 9.3% in 2011, 9.7% in 2010 and 8.2% in 2009. Newly released data also shows the annual average unemployment rate for 2013 was the lowest in 5 years at 7.8%. The data is released under the New York State Department of Labor Local Area Unemployment Statistics Program.
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eHeziYonkers Unemployment Rate Down Over 2 Percent from Last Year to 5 Year Low

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