New York state”™s private-sector job count rose slightly in October while its unemployment rate was unchanged from September, according to the state Labor Department. The state”™s private-sector job growth last month matched the nation”™s, while its unemployment rate was slightly lower than the national average.
Unemployment rates dropped last month from September and the number of non-farm jobs rose throughout the lower Hudson Valley region, according to labor department officials. October unemployment rates, however, were up across the region from a year ago.
The number of private-sector jobs in the state increased over the month by 9,900, or 0.1 percent, to 7,230,100 in October, measured on a seasonally adjusted basis. Since the beginning of New York”™s current economic expansion in August 2003, the state has added 326,300 private-sector jobs, labor department officials said.
Nationally, the number of private-sector jobs also increased by 0.1 percent over the same period.
Since October 2006, the number of non-farm jobs in New York state increased by 77,700, or 0.9 percent, and the number of private-sector jobs increased by 78,300, or 1.1 percent, not seasonally adjusted. Nationally, the number of non-farm jobs increased by 1.2 percent and the number of private-sector jobs increased by 1.2 percent in October from a year ago.
The state”™s seasonally adjusted unemployment rate was 4.6 percent in October, up from 4.2 percent in October 2006. The nation”™s rate in October was 4.7 percent, unchanged from September but up from 4.4 percent in October 2006.
New York City”™s seasonally adjusted unemployment rate was 5.3 percent in October, up from 5.1 percent in September. The rate in the balance of the state outside New York City was unchanged over the month at 4.2 percent.
In the Putnam-Rockland-Westchester labor market, the number of non-farm jobs in October increased by 6,000, or 1 percent, from the same month a year ago and the number of private-sector jobs increased by 5,100, or 1.1 percent, for the same period. The tri-county area”™s unemployment rate was 3.4 percent in October, compared with 3.7 percent in September and 3.2 percent in October 2006.
Unemployment in Westchester County stood at 3.5 percent in October, down 0.2 percent from September and up 0.3 percent from October 2006.
Putnam County”™s October unemployment rate was 3.1 percent, compared to 3.3 percent in September and 2.9 percent in October 2006.
In the Poughkeepsie-Newburgh-Middletown labor market, the number of non-farm jobs last month increased by 1,900, or 0.7 percent, from October 2006, and the number of private-sector jobs increased by 1,700, or 0.8 percent, for the same period. The area”™s unemployment rate was 3.8 percent in October, compared with 4 percent in September and 3.4 percent in October 2006.
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The October unemployment rate in Dutchess County was 3.7 percent, compared to 3.8 percent in September and 3.2 percent in October 2006.
Orange County”™s unemployment rate in October was 3.9 percent, compared to 4.2 percent in September and 3.6 percent in October 2006.
In the Kingston labor marker, the number of non-farm jobs in October increased slightly, by 0.9 percent, from the previous month, and was up 1.6 percent from October 2006. The October unemployment rate for Kingston was 3.8 percent, compared to 4 percent in September and 3.4 percent in October 2006.
Statewide, educational and health services jobs in October increased by 25,900 from October 2006, the largest increase of any job sector. Most of that increase, 17,200, was in health care and social assistance. Employment also increased in professional and business services, with 23,600 added jobs; leisure and hospitality, up 13,400 jobs; financial activities, up 12,400 jobs;Â construction, up 11,400 jobs, and trade, transportation and utilities, up 8,500 jobs.
Manufacturing lost 16,300 jobs from October 2006 to last month, the largest drop among declining industries. Most of those job losses, 12,300, were in non-durable goods, with the largest losses coming in apparel manufacturing and chemical manufacturing.
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