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Rochester area loses jobs in December

Rochester Business Journal
January 17, 2013

The Rochester-area economy dipped in December, with a year-over-year loss in the number of non-farm and private-sector jobs, the state Department of Labor said Thursday.

Rochester lost 1,500 non-farm jobs, or 0.3 percent, in December compared with the same month a year ago, while the private sector shed 2,200 jobs, or 0.5 percent. The Rochester area was one of four upstate regions to lose non-farm jobs in December, and one of five to lose private-sector jobs. The numbers are not seasonally adjusted.

The Buffalo area lost 2,100 non-farm jobs, or 0.4 percent, while the private sector there shrank by 2,300 jobs, or 0.5 percent. Syracuse gained some 1,500 non-farm jobs, or 0.5 percent, and 900 private-sector jobs, or 0.4 percent.

Across the 52-county Upstate New York region, non-farm job growth was 2,000 in December, while the private sector gained 6,100 jobs, not seasonally adjusted. Statewide, some 118,300 non-farm jobs were added last month, while the private sector grew by 119,800 jobs.

New York added 123,200 private-sector jobs in 2012, resulting in the state reaching a record high private-sector job count of 7.35 million. The seasonally adjusted unemployment rate statewide last month was 8.2 percent, compared with 8.3 percent in November and 8.2 percent a year ago.

Non-seasonally adjusted data are valuable in year-to-year comparisons for the same month, for example, December 2011 versus December 2012, the Department of labor noted. When comparing different months, seasonally adjusted data provide the most valid comparison.

The professional and business services sector continued to show the largest job gains statewide in December, adding 47,900 jobs since December 2011, not seasonally adjusted. The construction sector continued to shed jobs last month, down 6,900 since December 2011.

Local employment rates are slated to be released next week.

 (c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.


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