Hudson Valley Helps NY Private Sector Grow

In June 2016, New York State’s private sector job count showed a tiny increase. It rose by 23,900 jobs, or 0.3 percent, to 7,918,400, a new record high, according to preliminary figures released by the New York State Department of Labor.

Look for more local opportunities in the Jobs section on Jobs section on Yorktown-Somers Patch.

“New York State’s labor market continued to strengthen in June 2016, reaching a new record high in private sector jobs. In addition, the state’s over-the-month percentage gain in private sector jobs (+0.3%) in June was greater than the nation’s (+0.2%),” said Bohdan M. Wynnyk, Deputy Director of the New York State Department of Labor’s Division of Research and Statistics, in the announcement.

The state’s economy has added 824,100 private sector jobs and experienced employment growth in 57 of the past 66 months, state labor officials said.

Over the past year, private sector jobs grew most rapidly in these metro areas:

• Kingston (+2.7%)
• New York City (+2.7%)
• Orange-Rockland-Westchester (+2.5%)
• Dutchess-Putnam (+2.1%)
• Watertown-Fort Drum (+1.6%)

The State’s private sector job count is based on a payroll survey of 18,000 New York employers conducted by the U.S. Department of Labor’s Bureau of Labor Statistics. Monthly payroll employment estimates are preliminary and subject to revision as more data becomes available the following month.

The federal government calculates New York State’s unemployment rate based partly upon the results of the Current Population Survey, which contacts approximately 3,100 households in New York State each month.

Change in Jobs by Major Industry Sector, June 2015 – June 2016

*Educational and health services is in the private sector. Government includes public education and public health services.

Sectors With Job Gains:

• Educational & Health Services* +49,100
• Leisure & Hospitality +28,400
• Professional & Business Services +12,400
• Construction +10,900
• Information +8,700
• Government* +6,600
• Other Services +6,400
• Trade, Transportation & Utilities +5,800
• Financial Activities +2,000

Sectors With Job Losses:

• Manufacturing -2,600
• Natural Resources & Mining -400

Note: Seasonally adjusted data are used to provide the most valid month-to-month comparison. Non-seasonally adjusted data are valuable in year-to-year comparisons of the same month – for example, June 2015 versus June 2016.

Visit Yorktown-Somers Patchon Facebook.