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Labor Market Information

Presented by, Paul Grasso - Executive Director of the North Country Workforce Investment Board

According to the New York State Department of Labor, New York State's unemployment rate was 8.0% in December 2011, remaining unchanged from November 2011. The number of unemployed New Yorkers increased over the month - from 759,500 in November to 768,200 in December 2011.

In December 2011, New York State's private sector job count declined by 16,800 or 0.2%. Since the state's economic recovery began in November 2009, New York has recouped 54%, or 180,400, of the private sector jobs lost during the state's recession in 2008-2009.

"The New York State economy has added 90,100 private sector jobs over the past year, while our state's unemployment rate remained below the nation's rate in December 2011," said Bohdan M. Wynnyk, Deputy Director of the Division of Research and Statistics.
Unemployment Rates
(%)*
  December
2011*		 November
2011		 December
2010
United States 8.3 9.1 9.1
New York State 8.0 8.0 8.0
North Country 9.4 8.7 9.7
U-6 15.2 15.6 16.6
Clinton 9.1 8.4 10.0
Essex 9.5 8.7 9.7
Franklin 8.9 8.4 9.0
Hamilton 10.0 9.3 10.0

*Data are preliminary and subject to change, based on standard procedures outlined by the U.S. Bureau of Labor Statistics.

Unemployment rate highlights in December 2011:

The counties in New York State with the lowest unemployment rates include:
• Tompkins County (5.5%)
• Putnam County (6.1%)
• Rockland County (6.5%)
• Saratoga County (6.5%)
• Westchester County (6.5%)

The counties in New York State with the highest unemployment rates include:
• Bronx County (12.4%)
• Oswego County (10.2%)
• Jefferson County (10.1%)
• Fulton County (10.0%)
• Hamilton County (10.0%)
• St. Lawrence County (10.0%)


Number of Non-Farm Jobs in the North Country
  December
2011*		 November
2011		 December
2010
Clinton 34,500 35,200 34,200
Essex 14,600 14,200 14,500
Franklin 19,700 19,600 19,700
Hamilton 1,900 1,800 1,900
Total 70,700 70,800 70,300

*Data are preliminary and subject to change, based on standard procedures outlined by the U.S. Bureau of Labor Statistics.
Change in Jobs by Major Industry Sector,
December 2010 - December 2011
Sectors with Job Gains:
Professional & Business Services +37,600
Educational & Health Services* +30,000
Trade, Transportation, & Utilities +11,900
Leisure & Hospitality +11,500
Construction +5,900
Financial Activities +3,900
   
Sectors with Job Losses:
Manufacturing -4,700
Information -3,700
Other Services -2,200
Government* -2,100
Natural Resources and Mining -100

*The educational and health services category is in the private sector. Government includes public education and health services.

Highlights among NYS sectors with job gains since December 2010:

Professional and business services added the most jobs (+37,600) of any sector between December 2010 and December 2011. Sector job gains were focused in professional, scientific and technical services (+23,200), and administrative and support services (+11,200).

The educational (private) and health services sector (+30,000) had the second largest jobs increase over the year. Most sector job gains were in educational services (+19,500).

Sector job gains in trade, transportation and utilities (+11,900) were focused in retail trade (+11,000), especially clothing stores (+8,900).

Highlights among NYS sectors with job losses since December 2010:

Manufacturing lost more jobs (-4,700) than any other sector over the past year. Factory losses were centered in non-durable goods (-8,300), especially printing (-3,900).

Information lost the second most jobs (-3,700) over the past year. Sector job losses were concentrated in telecommunications (-2,700).

Other services lost 2,200 jobs over the past year. Sector losses were largest in repair and maintenance (-5,600).