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Rochester unemployment rate improves in May

Rochester Business Journal
June 24, 2014

Rochester’s economy continued to improve in May, with a drop in the unemployment rate and increased non-farm and private-sector jobs, the state Department of Labor reported Tuesday.

The jobless rate in the Rochester metro area last month was 5.8 percent, down from 7 percent in May 2013. The metropolitan area includes Livingston, Monroe, Ontario, Orleans and Wayne counties. Genesee County is considered a micropolitan area and is not included in the figures.

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

Statewide, the unemployment rate was 6.4 percent, down from 7.5 percent a year ago. Some 617,400 people were unemployed in New York last month, compared with 724,500 in May 2013.

The number of people unemployed in the Rochester area in May was 29,800, down from 36,500 in May 2013. Some 485,800 people were employed here last month, compared with 487,800 a year ago.

Last week the Department of Labor reported Rochester gained 3,400 non-farm jobs and 3,900 private-sector jobs since May 2013. The region ranked third in terms of private-sector job growth percentage last month.

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

•    Monroe County—5.8 percent, down from 6.9 percent a year ago;
•    Genesee County—5 percent, compared with 6.2 percent a year ago;
•    Livingston County—6 percent, compared with 7.1 percent in May 2013;
•    Ontario County—5.3 percent, down from 6.4 percent a year ago;
•    Orleans County—6.8 percent, down from 8.4 percent a year ago; and
•    Wayne County—5.9 percent, compared with 7.3 percent in May 2013

The jobless rate in the Buffalo area in May was 6 percent, down from 7.3 percent in May 2013. The Syracuse area unemployment rate dropped to 6.1 percent in May from 7.4 percent a year ago.

(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.


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