In February 2024, New York State’s seasonally adjusted private sector job count increased over the month by 3,200, or less than 0.1%, to 8,332,000. In addition, the state’s seasonally adjusted unemployment rate decreased from 4.5% to 4.4% in February 2024, while New York’s seasonally adjusted labor force participation rate held steady at 61.4%.
Capital
Over the past year, the private sector job count in the Capital Region rose by 5,100, or 1.2%, to 431,200 in February 2024. Job gains were largest in leisure and hospitality (+4,100), education and health services (+1,900), natural resources, mining and construction (+400) and financial activities (+300). Losses occurred in professional and business services (-1,000), trade, transportation and utilities (-400) and manufacturing (-300).
Central NY
The number of private sector jobs in the Syracuse metro area increased over the year by 3,700, or 1.5%, to 253,300 in February 2024. Employment gains were greatest in professional and business services (+1,800), leisure and hospitality (+1,700), education and health services (+700) and trade, transportation and utilities (+400). Job declines occurred in manufacturing (-500), information (-300) and natural resources, mining and construction (-200).
Finger Lakes
From February 2023 to February 2024, the private sector job count in the Rochester metro area rose by 6,100, or 1.4%, to 448,100. Gains occurred in education and health services (+3,700), leisure and hospitality (+2,200), financial activities (+900) and trade, transportation and utilities (+700). Industries with over-the-year job declines include professional and business services (-600), manufacturing (-500) and information (-300).
Hudson Valley
Over the past year, the number of private sector jobs in the Hudson Valley grew by 8,200, or 1.0%, to 803,000 in February 2024. Employment increases occurred in education and health services (+7,800), leisure and hospitality (+5,100) and financial activities (+1,300). The greatest employment losses were in natural resources, mining and construction (-2,100), trade, transportation and utilities (-1,700), manufacturing (-700) and other services (-600).
Long Island
For the year ending February 2024, the private sector job count on Long Island increased by 18,800, or 1.7%, to 1,129,100. Gains were largest in education and health services (+11,800), leisure and hospitality (+8,600), other services (+1,000) and trade, transportation and utilities (+500). Job losses occurred in professional and business services (-1,300), natural resources, mining and construction (-1,000), information (-500) and manufacturing (-400).
Mohawk Valley
For the 12-month period ending February 2024, the number of private sector jobs in the Mohawk Valley region grew by 900, or 0.6%, to 139,800. The greatest over-the-year employment gains occurred in education and health services (+400), natural resources, mining and construction (+300) and trade, transportation and utilities (+300). Job losses were focused in manufacturing (-300).
New York City
The private sector job count in New York City rose over the past year by 19,200, or 0.5%, to 4,090,200 in February 2024. Job gains occurred in education and health services (+59,200), leisure and hospitality (+7,400), financial activities (+3,800) and other services (+600). The largest employment losses were in professional and business services (-16,100), information (-15,800), natural resources, mining and construction (-9,800) and trade, transportation and utilities (-8,800).
North Country
The number of private sector jobs in the North Country region rose over the past year by 1,900, or 1.8%, to 106,400 in February 2024. Employment gains were greatest in education and health services (+600), professional and business services (+500), trade, transportation and utilities (+400), leisure and hospitality (+300) and manufacturing (+200). Over-the-year job losses occurred in information (-200).
Southern Tier
For the 12-month period ending February 2024, the number of private sector jobs in the Southern Tier increased by 700, or 0.3%, to 212,500. Employment gains were greatest in leisure and hospitality (+1,200) and natural resources, mining and construction (+600). The greatest job losses were in professional and business services (-500), education and health services (-200), manufacturing (-200) and trade, transportation and utilities (-200).
Western NY
Over the past 12 months, the private sector job count in the Buffalo-Niagara Falls metro area grew by 7,900, or 1.7%, to 462,100 in February 2024. Job gains were largest in leisure and hospitality (+2,800), education and health services (+2,700), trade, transportation and utilities (+1,200), natural resources, mining and construction (+600), manufacturing (+400) and financial activities (+300). Losses were focused in other services (-200).
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