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Unemployment in Cayuga County drops below 3% for first time

Cayuga County’s monthly unemployment rate has dropped below 3% for the first time, reported the NYS Department of Labor earlier this week.

The latest report put the county’s December jobless rate at 2.9%, an all-time low for any month dating back to 1990, which is the first year the department lists monthly data for online. The previous low was 3.2% reported for October 2000, according to The Citizen.

Cayuga County’s unemployment rate is below the national rate, which is 3.7%, and the state rate, which is 5.0%.