This Week
  • Buckingham Properties inks a new lease with key tenant for Legacy Tower.

  • Banks and credit unions grow and compete for market share in the region.

  • Teresa Galbier is CEO of the local chapter of Alzheimer's Association.

  • See the 20th anniversary edition of the Forty under 40 supplement.

  • Faraci Lange LLP specializes in medical malpractice and injury law.

  • Thuc Hyunh M.D. has Rochester's first direct primary care practice.

Region's unemployment rate declines in July

Rochester Business Journal
August 20, 2013

The Rochester-area economy saw mixed results in July, with a loss in the number of private-sector jobs, but a decrease in the unemployment rate.

The unemployment rate was 7 percent in July down from 8.5 percent a year ago. The Rochester metropolitan area includes Livingston, Monroe, Ontario, Orleans and Wayne counties. The rate was also 7 percent in June.

Data in the report are not seasonally adjusted. The most valid comparison with this type of data are year-to-year comparisons of the same month, the Labor Department has noted.

The number of unemployed in Rochester in July was 37,100, compared 44,900 a year ago, and with 37,000 in June. Some 489,600 people were employed in the region in July up from 485,300 in July 2012, and down from 491,000 in June.

Last week the Department of Labor reported Rochester lost some 400 private-sector jobs over the last year, not seasonally adjusted, while non-farm jobs increased by 600. Rochester ranked sixth among 11 upstate metro regions in terms of the number of non-farm jobs added in July.

Area unemployment rates in July, not seasonally adjusted, were:

• Monroe County—7.2 percent down from 8.6 percent a year ago, and up from 7 percent in June;
• Genesee County—6.1 percent, compared with 7.5 percent a year ago and 6.2 percent in June;
• Livingston County—6.8 percent, down from 8.2 percent in July 2012 and 7.1 percent in June;
• Ontario County—5.9 percent, compared with 7.2 percent a year ago and 6.2 percent in June;
• Orleans County—8.5 percent, down from 11.2 percent a year ago, but up from 8.4 percent in June; and
• Wayne County—6.8 percent, compared with 8.4 percent in July 2012 and 7.2 percent in June.

The jobless rate in Buffalo last month was 7.4 percent, down from 8.9 percent a year ago. The Syracuse area unemployment rate was 7.4 percent in July, compared with 8.9 percent a year ago.

Statewide, also not seasonally adjusted, the unemployment rate was 7.6 percent, unchanged from June, but down from 8.9 percent a year ago. Some 743,800 people were unemployed in New York last month, compared with 734,300 in June and 871,000 in July 2012.

(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 

michael thornton at 9:04:55 PM on 8/20/2013
It's not a good report if there are fewer jobs. The unemployment rate doesn't include those who stopped looking for work. If the area gained 4300 jobs in a year but there are 7800 fewer unemployed, then 3500 people gave up looking for work. There is also the matter of job qu...  Read More >

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