NORWICH – Chenango County’s 8.8 percent seasonally adjusted unemployment rate reported yesterday afternoon for October was the highest seen locally in 19 years.
By comparison, it was higher than the rate reported in each of the five surrounding counties. Broome, Delaware and Cortland counties came in at 8.4 percent unemployment with Madison County at 7.3 percent and Otsego, 6.9 percent.
The State Labor Department reported that New York lost 12,700 private sector jobs in October, edging the rate up to 9.0 percent, the highest reported since April 1983. The number of private sector jobs in New York decreased by 12,700, or 0.2 percent, to 7,055,100.
Chenango County’s rate was unchanged since September, but compares to a 6.1 percent rate in October of 2008. The number of private sector jobs in Chenango County decreased by 400 over the past year, representing a six year low.