Inside Long Island Business

Get the latest news and trends on Long Island companies and the people behind them.


LI unemployment rises to 7.1 percent

Long Island's unemployment rate rose to 7.1 percent in November, up from 6.8 percent last year, according to a state Labor Department report Thursday.

The increase was due to more people entering the labor force and looking for jobs compared to last year. There was "both an increase in the number of employed in the region... and also a larger increase in the number of unemployed," said labor department analyst Shital Patel.

The impact from superstorm Sandy was also evident in the figures. The workforce shrank in November compared to October -- indicating that people may have dropped out of the labor force in order to deal with cleanup and other personal issues following the storm or lost their jobs after the storm hit.

Last week, the state Labor Department reported that Long Island had lost 8,100 jobs in November compared to last year due to a combination of government layoffs and Sandy.

advertisement | advertise on newsday

advertisement | advertise on newsday