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Area unemployment rate drops in July

Rochester Business Journal
August 21, 2014

Rochester’s economy continued to improve in July, with an increase in the number of jobs and a decrease in the unemployment rate, the state Department of Labor reported.

The jobless rate in metropolitan Rochester metro last month was 6.1 percent, down from 7.2 percent in July 2013. The metropolitan area includes Livingston, Monroe, 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.

Statewide, the unemployment rate was 6.8 percent, compared with 7.8 percent a year ago. Some 9.09 million people were employed in New York in July, while 658,700 were unemployed. That compares with 9.04 million employed and 768,000 unemployed in July 2013.

The number of unemployed in the Rochester area last month was 31,800, down from 37,800 in July 2013. Some 487,100 people were employed here last month, compared with 489,400 a year ago.

Last week the department reported Rochester gained 5,500 non-farm jobs and 5,700 private-sector jobs from July 2013 to July 2014. The region ranked sixth among upstate areas in terms of percentage growth of private-sector jobs last month.

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

•    Monroe County—6.3 percent, down from 7.3 percent a year ago;
•    Genesee County—5.1 percent, compared with 6.2 percent in July 2013;
•    Livingston County—5.8 percent, down from 6.9 percent a year ago;
•    Ontario County—5.2 percent, compared with 6 percent a year ago;
•    Orleans County—7.5 percent, down from 8.6 percent in July 2013; and
•    Wayne County—5.8 percent, down from 7 percent a year ago.

The jobless rate in the Buffalo area was 6.4 percent last month, compared with 7.6 percent a year ago, while the Syracuse area unemployment rate fell to 6.4 percent from 7.5 percent in July 2013.

(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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