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St. Lawrence County gains 100 private sector jobs over the last year

Posted 10/17/14

St. Lawrence County gained 100 private sector jobs over the last year, the New York State Department of Labor said. According to their figures, there were 41,900 jobs in the county in September 2013 …

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St. Lawrence County gains 100 private sector jobs over the last year

Posted

St. Lawrence County gained 100 private sector jobs over the last year, the New York State Department of Labor said. According to their figures, there were 41,900 jobs in the county in September 2013 and 42,000 last month.

They say the numbers are not seasonally adjusted.

The statewide private sector job count grew by 4,500, or 0.1 percent, in September 2014, according to the DOL.

This latest monthly employment gain raised New York state’s overall private sector job count to 7,614,500, an all-time high, the DOL says.

The statewide unemployment rate declined from 6.4 percent to 6.2 percent in September 2014, its lowest level since October 2008. In September, the number of people collecting unemployment insurance benefits from New York state dropped to 125,437, the lowest level since November 2007, right before the start of the U.S. recession. This compares to the peak of 680,000 individuals collecting benefits in February 2010, which, at the time, included federal extended benefits programs, the DOL said.

Over the last year, the DOL says the most jobs were added in education and healthcare, a gain of 39,000 positions. By contrast, they say the manufacturing sector lost 10,500 jobs.

The state’s private sector job count is based on a payroll survey of 18,000 New York employers conducted by the U.S. Department of Labor’s Bureau of Labor Statistics. Monthly payroll employment estimates are preliminary and subject to revision as more data becomes available the following month. The federal government calculates New York’s unemployment rate partly based upon the results of the Current Population Survey, which contacts approximately 3,100 households in New York State each month, the DOL said.