New York Job Growth

 New York State Job Growth and Unemployment Rates:     Albany-Schenectady-Troy: Since February 2007, the number of nonfarm jobs has increased by 500, or 0.1 percent, and the number of private sector jobs has decreased by 500, or 0.2 percent. The area’s unemployment rate was 5.1 percent in February 2008, compared with 5.0 in January and 4.4 in February 2007.     Binghamton: Since February 2007, the number of nonfarm jobs has increased by 800, or 0.7 percent, and the number of private sector jobs has increased by 800, or 0.9 percent. The area’s unemployment rate was 5.7 percent in February 2008, compared with 5.6 in January and 5.3 in February 2007.     Buffalo-Niagara Falls: Since February 2007, the number of nonfarm jobs has increased by 2,200, or 0.4 percent, and the number of private sector jobs has increased by 300, or 0.1 percent. The area’s unemployment rate was 6.3 percent in February 2008, compared with 6.1 in January and 5.4 in February 2007.     Glens Falls: Since February 2007, the number of nonfarm jobs has increased by 800, or 1.5 percent, and the number of private sector jobs has increased by 700, or 1.7 percent. The area’s unemployment rate was 6.5 percent in February 2008, compared with 6.1 in January and 5.6 in February 2007.     Ithaca: Since February 2007, the number of nonfarm jobs has increased by 500, or 0.8 percent, and the number of private sector jobs has increased by 500, or 0.9 percent. The area’s unemployment rate was 3.5 percent in February 2008, compared with 3.9 in January and 3.3 in February 2007.     Kingston: Since February 2007, the number of nonfarm jobs has increased by 300, or 0.5 percent, and the number of private sector jobs has increased by 400, or 0.8 percent. The area’s unemployment rate was 5.4 percent in February 2008, compared with 5.4 in January and 4.5 in February 2007.     Nassau-Suffolk: Since February 2007, the number of nonfarm jobs has increased by 13,800, or 1.1 percent, and the number of private sector jobs has increased by 12,000, or 1.2 percent. The area’s unemployment rate was 4.7 percent in February 2008, compared with 4.5 in January and 4.1 in February 2007.     New York City (five boroughs): Since February 2007, the number of nonfarm jobs has increased by 46,900, or 1.3 percent, and the number of private sector jobs has increased by 44,900, or 1.4 percent. The area’s unemployment rate was 4.4 percent in February 2008, compared with 6.1 in January and 5.0 in February 2007.     Poughkeepsie-Newburgh-Middletown: Since February 2007, the number of nonfarm jobs has increased by 700, or 0.3 percent, and the number of private sector jobs has increased by 100, or 0.1 percent. The area’s unemployment rate was 5.1 percent in February 2008, compared with 4.9 in January and 4.4 in February 2007.     Putnam-Rockland-Westchester: Since February 2007, the number of nonfarm jobs has increased by 6,300, or 1.1 percent, and the number of private sector jobs has increased by 5,000, or 1.1 percent. The area’s unemployment rate was 4.5 percent in February 2008, compared with 4.4 in January and 3.9 in February 2007.     Rochester: Since February 2007, the number of nonfarm jobs has decreased by 200, or less than 0.1 percent, and the number of private sector jobs has decreased by 1,500, or 0.4 percent. The area’s unemployment rate was 5.7 percent in February 2008, compared with 5.5 in January and 4.9 in February 2007.     Syracuse: Since February 2007, the number of nonfarm jobs has increased by 3,200, or 1.0 percent, and the number of private sector jobs has increased by 2,900, or 1.1 percent. The area’s unemployment rate was 5.7 percent in February 2008, compared with 5.5 in January and 5.1 in February 2007.     Utica-Rome: Since February 2007, the number of nonfarm jobs has increased by 900, or 0.7 percent, and the number of private sector jobs has increased by 600, or 0.6 percent. The area’s unemployment rate was 6.1 percent in February 2008, compared with 5.9 in January and 5.4 in February 2007.     Note: Labor force statistics, including the unemployment rate, for New York and every other state are based on statistical regression models specified by the U. S. Bureau of Labor Statistics. Jobs data for New York are obtained from a survey of 18,000 business establishments. Jobs data exclude agricultural workers, the self-employed, unpaid family workers and domestic workers in private households.  Read more.

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