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Unemployment rate drops in the Rochester region

Rochester Business Journal
June 25, 2013

The Rochester metro area’s economy continued its climb in May, with a decrease in the unemployment rate and an increase in the number of jobs, the state Department of Labor reported Tuesday.

The unemployment rate was 7 percent last month, down from 7.9 percent a year ago. The metropolitan area includes Livingston, Monroe, Ontario, Orleans and Wayne counties.

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 area’s unemployment rate in April was 7.3 percent.

Statewide, the unemployment rate was 7.4 percent, on a not seasonally adjusted basis, compared with 8.4 percent in May 2012. Some 707,100 people were unemployed in New York State last month, down from 803,500 a year ago. The unemployment rate in upstate was 7.2 percent, down from 8.2 percent a year ago.

The number of unemployed in Rochester in May was 36,500 compared with 41,700 in May 2012. Some 485,100 were employed in Rochester last month, up from 483,200 a year ago.

Last week the Department of Labor reported a 2,400-job increase in the non-farm category in Rochester, while the private sector gained 1,200 jobs, not seasonally adjusted. Rochester ranked third among upstate regions in terms of the number of non-farm jobs added in May.

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

  • Monroe County—7 percent but down from 7.8 percent a year ago;
  • Genesee County—6.2 percent, down from 7.4 percent in May 2012;
  • Livingston County—7.1 percent, compared with 8.3 percent a year ago;
  • Ontario County—6.4 percent, down from 7.4 percent a year ago;
  • Orleans County—8.4 percent, compared with 9.4 percent in May 2012; and
  • Wayne County—7.3 percent, down from 8.6 percent a year ago.

The jobless rate in Buffalo-Niagara Falls last month was 7.3 percent, down from 8.2 percent in May 2012. The Syracuse area jobless rate fell to 7.4 percent from 8.5 percent a year ago, not seasonally adjusted.

(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.
 


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