New York added 15,400 private-sector jobs in June and grew its labor force by 105,000 people since last July, according to the state Department of Labor.
The increase in job seekers in the labor force contributed to an increase in the state’s unemployment rate, which rose from 8.6 percent in May to 8.9 percent in June. That’s up from 8.2 percent last June.
“The state’s private-sector employers continued to added jobs in June 2012,” Bohdan M. Wynnyk, deputy director of the Division of Research and Statistics, said in a news release. “The latest job statistics show that while New York has regained all of the private-sector jobs it lost during the state’s recession, the U.S. has only recouped 42 percent of its lost jobs. In recent months, growth in our statewide labor force, however, has contributed to a higher state jobless rate.”
(Sponsored)
4 Steps in IT Offboarding to Protect Data & Minimize Risk
When employees are laid off or let go, the conversation of technology offboarding can be an uncomfortable one. However, cybersecurity and data protection must be a priority. This can alleviate
“Borderline” Overtime Exemptions Require Careful Analysis and Precautionary Measures
Q: We have an employee who we believe is properly classified as exempt from receiving overtime under the Fair Labor Standards Act (FLSA) but it is a “borderline” case. In
The Utica-Rome area showed the second highest gain in jobs across the state, adding 4,400 nonfarm jobs and 4,600 private-sector jobs. The Binghamton region added 1,600 nonfarm jobs and 2,300 private-sector jobs.
The Syracuse area added 1,700 nonfarm jobs and 800 private-sector jobs.
The nation’s unemployment rate was 8.2 percent in June, the same as May, but down from 9.1 percent last June.
Contact DeLore at tdelore@tmvbj.com