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Initial unemployment claims fall on eve of critical jobs report

The Department of Labor reported that first-time claims for unemployment insurance benefits fell by 9,000 to 363,000 last week.

Private sector shows signs of improvement with August hiring

Private sector employment in New York state increased 3.3 percent in August as the state’s unemployment rate held steady at 9.1 percent, after an abysmal July that saw the state’s private sector workforce shrink by 6.3 percent.