LABOR MARKET INFORMATION: A Tool for Making Sense of the World

LABOR MARKET INFORMATION:A Tool for Making

Sense of the World

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NYS Department of Labor Internet Resources:

*Look under the “Labor Statistics” section of “Government and Research”.

Department of Labor Web Site* www.labor.ny.gov CareerZone (Career Exploration Tool)www.careerzone.ny.gov

JobZone (Job Seeker Tool)www.jobzone.ny.gov

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The State’s Economy

• New York's unemployment rate in December 2015 was

4.7 %, which was below the year-ago level of 5.6 %.

• New York’s labor force rose by 265,400 (2.8 %) people over the year ending December 2015.

• The number of people employed rose over the year and the number of people unemployed but actively looking for work decreased over the year.

(not seasonally adjusted numbers)

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•Total nonfarm jobs rose (160,300 or 1.7 %) betweenDecember 2014 and December 2015.

•The natural resources & mining; manufacturing; and government sectors lost jobs over the year.

•Educational & health services; leisure &hospitality; professional & business services; trade,transportation & utilities; construction; financialactivities; information; and other services sectors addedjobs over the year.

(not seasonally adjusted numbers)

New York’s Nonfarm Jobs Are Rising

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Central New York’s Economy:

• Total nonfarm jobs rose 3,600 or 1.1 percent between December 2014 and December 2015 in the Syracuse metro area.

• December’s unemployment rate of 4.8 % was below the year-ago level of 5.5 % in the Syracuse MSA.

• There are job opportunities in fields such as health care, engineering, computers, skilled trades, customer service, high-tech, scientific, R&D, construction, green-related jobs, leisure & hospitality, and accounting, as well as opportunities for entry-level positions.

(not seasonally adjusted numbers)

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Comparing December 2015 with December 2014, the Syracuse metro area economy had job gains in:

• Trade, Transportation & Utilities• Educational & Health Services• Leisure and Hospitality• Financial Activities• Information• Other Services

Central New York:

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Comparing December 2015 with December 2014, the Syracuse metro area economy had job losses in these sectors:

• Natural Resources, Mining & Construction• Manufacturing• Professional & Business Services• Government

Central New York:

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AREAAPRIL 1, 2000

Census

APRIL 1, 2010

CensusCHANGE

NEW YORK STATE 18,976,457 19,378,102 +401,645

Cayuga County 81,963 80,026 -1,937

Cortland County 48,599 49,336 +737

Madison County 69,441 73,442 +4,001

Onondaga County 458,336 467,026 +8,690

Oswego County 122,377 122,109 -268

SOURCE: U.S. Census Bureau

Population Trends

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Albany (518) 462-7600, ext. 136 Binghamton (607) 741-4485Buffalo (716) 851-2742Hudson Valley (914) 997-8798Lake Placid (518) 523-7157Long Island (516) 934-8533New York City (212) 775-3330Rochester (585) 258-8870Syracuse (315) 479-3391Utica-Rome (315) 793-2282

For More Labor Market Information, Contact the Analyst Nearest You:

New York State Department of LaborDivision of Research and Statistics

 Karen Knapik-Scalzo

Associate Economist  450 S. Salina Street Voice (315) 479-3391Syracuse, NY 13202 Fax (315) 479-3271E-Mail: [email protected]

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