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Rochester region sees increase in jobs in August

The Rochester metro area economy continued to see an increase in both non-farm and private-sector jobs in August, the state Department of Labor said Thursday.

Over the last year Rochester has added 8,300 non-farm jobs, or 1.6 percent, while the private sector has added 8,400 jobs, or 2 percent. Job gains in the area again were concentrated primarily in the professional and business services industry.

The Buffalo area lost 400 non-farm jobs in August, or 0.1 percent, while the private sector gained a modest 200 jobs. The Syracuse area saw a 2,200 job increase in the non-farm sector, or 0.7 percent, while the private sector gained 2,900 jobs, or 1.1 percent.

The Rochester area ranked second among upstate regions last month in terms of percentage of private-sector jobs growth behind Utica-Rome. Rochester also ranked second, again behind Utica-Rome, in terms of non-farm job growth.

Among the 52-county Upstate New York region, non-farm growth was 15,800 in August, while the private sector added 22,300 jobs since August 2011. Statewide, some 117,300 non-farm jobs were added last month, while the private sector added 132,600 jobs, not seasonally adjusted.

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

Statewide, the seasonally adjusted jobless rate was 9.1 percent last month, unchanged from July, but up from 8.3 percent a year ago.

The professional and business services sector continued to show the largest job gains statewide in August, having added 56,500 jobs since August 2011. The government sector—concentrated primarily at the local level—continued to see the largest setback, having shed 15,300 jobs since August 2011, not seasonally adjusted.

Local employment rates are scheduled to be released next week.

(c) 2012 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail rbj@rbj.net.
 

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