Shrinking unemployment in Buffalo Niagara area

A Buffalo News analysis of recently released job numbers shows the Buffalo Niagara region’s unemployment rate dropped to 7 percent in October – its lowest level in nearly five years.  The newspaper noted that local companies continued to hire at a modest pace.

The new job numbers show that unemployment is the lowest for the month of October since 2008 and the region added jobs at a rate of 0.9 percent, although the are still 25,000 fewer people employed than in October 2005.

Read more on the Buffalo News website.

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