Posted on October 25, 2016 by Josh Barbanel in The Wall Street Journal The Wall Street Journal, By Josh Barbanel The robust New York City economy hit a speed bump in September as the unemployment rate rose sharply, state Labor Department figures show. The 5.8% rate in September is far below the average levels over the last decade, but up from 5.2% in September 2015. The share of the population in the labor force also fell from September 2015, indicating that the rising jobless rate wasn’t triggered by previously discouraged workers looking for work once more.
