This Week
  • The interior of the Golisano Children's Hospital is starting to take shape.

  • Challenges mount for area companies that do business in Russia.

  • Karen Pudetti left an accounting career to start Luxe Salon, Spa and Laser Center.

  • Money managers do not feel threatened by competition from banks.

  • Lawyer John Moragne learned from mentors to set his career's direction.

  • The Business Person of the Year finalists are profiled.

Rochester region sees increase in jobs in November

Rochester Business Journal
December 19, 2013

The Rochester metro area economy continued to improve in November, with an increase in the number of nonfarm and private-sector jobs, the state Department of Labor reported Thursday.

Over the last year, Rochester gained 3,000 nonfarm jobs, or 0.6 percent, while the private sector added 2,900 jobs, or 0.7 percent, not seasonally adjusted. Nonfarm jobs include both private sector and government jobs.

Rochester ranked sixth among upstate metro areas in terms of nonfarm job growth percentage November.

The Buffalo area added 7,200 nonfarm jobs, or 1.3 percent, last month, while the private sector gained 7,400 jobs, or 1.6 percent. The Syracuse economy also improved last month, having added 2,300 nonfarm jobs, or 0.7 percent, and 2,300 private sector jobs, or 0.9 percent.

In the 52-county Upstate New York region, nonfarm job growth was 12,700, or 0.4 percent, while the private sector added 16,700 jobs, or 0.7 percent. Statewide, some 128,600 nonfarm jobs were added from November 2012 to November 2013, while the private sector added 141,700 jobs.

From October to November the state added 4,500 nonfarm jobs, while the private sector gained 4,300 jobs, seasonally adjusted.

The seasonally adjusted unemployment rate in New York last month was 7.4 percent, its lowest rate in nearly five years, the Department of Labor reported. That compares with 7.7 percent in October and 8.2 percent a year ago.

Non-seasonally adjusted data are valuable in year-to-year comparisons for the same month, for example, November 2012 versus November 2013, the Department of Labor has noted. When comparing different months, seasonally adjusted data provide the most valid comparison.

The educational and health services sector continued to lead the industries with job gains in November, having added 61,200 jobs since November 2012. The government, primarily on the local level, lost the most jobs. The sector has 13,100 fewer jobs than November 2012.

Local employment rates are scheduled 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.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google