This Week
  • Technology and other factors have brought big changes to commercial building.

  • DHD Ventures plans to spend $20 million to renovate two city buildings.

  • From Morocco, Joseph Squalli traveled far to become Rooney's Restaurant owner.

  • Gates Automotive Centers grows by connecting with customers.

  • RocMusic director Alexander Pena rallies young music makers.

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

Region's unemployment rate declines in June

Rochester Business Journal
July 22, 2014

The Rochester metro area economy continued its upward momentum in June, with an increase in jobs and a decrease in the unemployment rate, the state Department of Labor reported Tuesday.

The Rochester region’s jobless rate fell from 7.1 percent in June 2013 to 5.8 percent last month.

From June 2013 to June 2014 the number of non-farm jobs in the Rochester region increased by 2,800, or 0.5 percent, while the private sector added 3,000 jobs, or 0.7 percent, not seasonally adjusted. Non-farm jobs include both private sector and government jobs.

The area ranked sixth among upstate regions in terms of private-sector job growth percentage, tied with Ithaca. The metropolitan area includes Monroe, Livingston, Ontario, Orleans and Wayne counties. Genesee County is considered a micropolitan area.

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 Buffalo area gained 6,300 non-farm jobs, or 1.1 percent, while the private sector added 5,800 jobs, or 1.3 percent. The Syracuse region lost 2,200 non-farm jobs, or 0.7 percent, while the private sector lost 2,100 jobs, or 0.8 percent.

In the 52-county upstate New York region, some 16,300 non-farm jobs were added from June 2013 to June 2014. The private sector added 19,600 jobs.

The seasonally adjusted unemployment rate statewide last month was 6.6 percent, compared with 6.7 percent in May and 7.8 percent a year ago. It was the lowest level since 2008.

The educational and health services sector continued to add the most jobs in June, while the manufacturing sector topped the list of industries with job losses. Since June 2013, manufacturing jobs have decreased by 6,100.

The number of unemployed in the Rochester area in June was 30,000, compared with 37,900 in June 2013. Some 488,600 people were employed here last month, compared with 492,200 a year ago.

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

•    Monroe County—5.8 percent, compared with 7.2 percent a year ago;
•    Genesee County—4.8 percent, down from 6.4 percent in June 2013;
•    Livingston County—5.8 percent, compared with 7.3 percent in June 2013;
•    Ontario County—5.3 percent, down from 6.3 percent a year ago;
•    Orleans County—6.6 percent, compared with 8.5 percent a year ago; and
•    Wayne County—5.6 percent, compared with 7.3 percent in June 2013.

The jobless rate in Buffalo was 6 percent last month, compared with 7.5 percent a year ago, while the Syracuse area unemployment rate fell from 7.7 percent in June 2013 to 6.2 percent last month.

(c) 2014 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