The area lost 800 private sector and government jobs in January, a decrease of 0.2 percent, compared to the same time last year. Four hundred of those jobs were private sector jobs.
In comparison, New York state’s economy added 14,600 private sector jobs, statewide, in January, and has experienced employment growth in 53 of the past 61 months.
Statewide, the unemployment rate decreased from 5 percent in December 2015, to 4.9 percent in January 2016, which matches the national unemployment rate, according to the labor department.
“New York State’s upward trend in private sector jobs continued in January 2016, as we reached a new record high,” Bohdan Wynnyk, deputy director of the Division of Research and Statistics, stated. “Moreover, our statewide unemployment rate is now at pre-recession levels.”
The Buffalo-Niagara Falls region gained 2,200 private sector and government jobs during the same time period; Syracuse gained 1,000; and Elmira remained flat, with zero gains in private sector and government jobs in January.
Visit http://labor.ny.gov/stats/pressreleases/pruistat.shtm to view the labor department’s full report.