The Syracuse and Utica–Rome regions gained jobs between May 2014 and this past May. At the same time, the Binghamton, Ithaca, Watertown-Fort Drum regions
lost jobs in that same 12-month period.
That’s according to the latest monthly employment report that the New York State Department of Labor issued Thursday.
The Syracuse region gained 3,000 total jobs between May 2014 and this past May, an increase of 0.9 percent.
(Sponsored)
Financial Inclusion through Affordable and Safe Banking Products
Financial inclusion is the accessibility of useful and affordable financial products and services to all individuals and businesses. Financial institutions have made strides in advancing these practices, most recently in
How To Seamlessly & Responsibly Integrate AI Into the Workplace
Artificial intelligence (AI) is one of the hottest topics in today’s tech and office technology thought leadership. Everyone seems to be aware of the capabilities of AI, but some might
At the same time, the Utica–Rome region gained 800 jobs in the same period, an increase of 0.6 percent.
The Watertown-Fort Drum region lost 300 jobs in the period, a decrease of 0.7 percent.
The Binghamton region lost 900 jobs in the same 12-month time span, representing a decrease of 0.8 percent, according to the state Labor Department data.
The Ithaca region lost a net 1,000 jobs, a decline of 1.4 percent.
New York state as a whole gained more than 142,000 jobs, an increase of 1.6 percent, in the last year. The state economy gained nearly 43,000 jobs between April and May, according to the report.
Private-sector jobs
The Syracuse region gained 2,800 private-sector jobs between May 2014 and this past May, an increase of 1.1 percent. The Utica–Rome area added 800 private-sector positions, representing a gain of 0.8 percent.
The Binghamton region lost 1,000 private-sector jobs, a decrease of 1.2 percent, in the last year, according to the report.
The Ithaca area lost 700 private-sector positions between May 2014 and this past May, a decrease of 1.1 percent.
The Watertown-Fort Drum region lost 400 private-sector jobs, a decrease of 1.3 percent.
New York state’s economy added more than 139,000 private-sector jobs, a 1.8 percent gain, in the last 12 months, with most of those positions located Downstate.
The state also gained more than 47,000 private-sector jobs, a 0.6 percent increase, in the last month, the state Labor Department reported.
The job gains increased the state’s overall private-sector job count to 7,783,800 positions, according to the state Labor Department.
The state’s private-sector job count is based on a payroll survey of 18,000 New York state employers that the U.S. Department of Labor conducts.
New York state’s unemployment rate remained unchanged at 5.7 percent in May, its lowest level since August 2008. The May figure is also down from 6.4 percent in May 2014, according to state Labor Department figures.
The federal government calculates New York’s unemployment rate partly based upon the results of a monthly telephone survey of 3,100 state households that the U.S. Bureau of Labor Statistics conducts.
Contact Reinhardt at ereinhardt@cnybj.com
