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Jobs

New York state adds 5,400 private sector jobs in January, losses felt in Southern Tier communities

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http://apps.cio.ny.gov/apps/mediaContact/public/view.cfm?parm=F286DE59-5056-9D2A-1005259390248AA6_6E1E4CE6-5056-9D5F-6FE16B3F6A71A713
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The New York State Department of Labor says that new figures showing the addition of 5,400 non-farm jobs in January saw the state’s unemployment drop from 7.0% to 6.8%, a five-year low.

The unemployment rate for areas outside NYC was 6% in January, a drop of 1.5% from a year ago.

Job losses for the year January 2013 - January 2014 show up in the non-seasonally adjusted figures for Albany-Schenectady-Troy, Binghamton and Elmira.

Employment trends for the same period show job growth in Educational and Health Services, Trade, Transportation & Utilities, Leisure & Hospitality and Professional and Business Services. The sectors where the losses appeared were Government, Manufacturing and Construction.

Combined private sector AND government sector Net figures showed a 1,400 job loss in the state.

The NYS Labor Department also released it's Benchmark Analysis showing, amongst other things, statewide industry trends for 2012-2013.

Annual Benchmark Analysis