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Contact: Press Office

Phone: 518-457-5519
www.labor.ny.gov

FOR IMMEDIATE RELEASE


July 21, 2016

NYS Economy Adds 23,900 Private Sector Jobs in June 2016,


Reaches New Record High
Unemployment Rate Remains at Lowest Level in More than Eight Years
In June 2016, New York States private sector job count increased by 23,900, or 0.3%, to
7,918,400, a new record high, according to preliminary figures released today by the New York
State Department of Labor. Since the beginning of Governor Andrew M. Cuomos
administration, New York States economy has added 824,100 private sector jobs and
experienced employment growth in 57 of the past 66 months.
The statewide unemployment rate was unchanged from Mays level of 4.7%, and is below
the comparable U.S. rate of 4.9% in June 2016. New Yorks statewide unemployment rate
continues at its lowest level since August 2007.
The States private sector job count is based on a payroll survey of 18,000 New York
employers conducted by the U.S. Department of Labors 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 States
unemployment rate based partly upon the results of the Current Population Survey, which
contacts approximately 3,100 households in New York State each month.
New York States labor market continued to strengthen in June 2016, reaching a new
record high in private sector jobs. In addition, the states over-the-month percentage gain in
private sector jobs (+0.3%) in June was greater than the nations (+0.2%), said Bohdan M.
Wynnyk, Deputy Director of the New York State Department of Labors Division of Research
and Statistics.
Note: Seasonally adjusted data are used to provide the most valid month-to-month comparison. Non-seasonally
adjusted data are valuable in year-to-year comparisons of the same month for example, June 2015 versus June
2016.

The New York State Department of Labor is an Equal Opportunity Employer/Program.


Auxiliary aids and services are available upon request to individuals with disabilities.

U.S. and New York State: May June 2016


1)

Jobs data (seasonally adjusted):

The table below compares the over-the-month change in total nonfarm and private sector
jobs in the United States and New York State in May-June 2016. Junes private sector
employment level increased in part due to the return of information sector workers associated
with a strike.

Change in Total Nonfarm and Private Sector Jobs


May June 2016

United States
New York State

2)

Change in
Total Nonfarm Jobs:
(private sector + government)
Net
%
+287,000
+0.2%
+26,200
+0.3%

Change in
Private Sector Jobs:
Net
+265,000
+23,900

%
+0.2%
+0.3%

Unemployment rates (seasonally adjusted):

The States unemployment rate is calculated by the U.S. Bureau of Labor Statistics, using a
statistical regression model that primarily uses the results of the Current Population Survey,
which contacts approximately 3,100 households in New York State each month. In June 2016,
the statewide unemployment rate remained unchanged at 4.7%. The number of unemployed
New Yorkers decreased from 461,700 in May to 451,600 in June 2016, reaching its lowest level
since August 2007.
Unemployment Rates (%)*
June 2016*

May 2016
4.9
4.7
5.0
4.4

United States
New York State
New York City
NYS, outside NYC

June 2015
4.7
4.7
5.1
4.4

5.3
5.2
5.5
5.0

*Data are preliminary and subject to change, based on standard procedures outlined by the
U.S. Bureau of Labor Statistics.

U.S., New York State and Metro Areas: June 2015 June 2016
1)

Jobs data (not seasonally adjusted):

The table that follows compares the over-the-year change in total nonfarm and private sector
jobs that occurred in the United States, New York State and metro areas within the State
between June 2015 and June 2016.

Change in Total Nonfarm and Private Sector Jobs


June 2015 June 2016

United States
New York State
Albany-Schenectady-Troy
Binghamton
Buffalo-Niagara Falls
Dutchess-Putnam
Elmira
Glens Falls
Ithaca
Kingston
Nassau-Suffolk
New York City
Orange-Rockland-Westchester
Rochester
Syracuse
Utica-Rome
Watertown-Fort Drum
Non-metro Counties

Change in
Total Nonfarm Jobs:
(private sector +
government)
Net
%
+2,552,000
+1.8%
+127,300
+1.4%
-1,200
-1,600
+4,900
+2,700
-800
-200
+800
+900
+12,100
+103,000
+16,100
+2,200
+200
+100
+400
+2,300

-0.3%
-1.5%
+0.9%
+1.9%
-2.0%
-0.3%
+1.2%
+1.5%
+0.9%
+2.4%
+2.3%
+0.4%
+0.1%
+0.1%
+0.9%
+0.4%

Change in
Private Sector Jobs:

Net
+2,405,000
+120,700

%
+2.0%
+1.5%

-900
-1,300
+4,300
+2,500
-700
-300
+900
+1,300
+10,600
+98,500
+14,700
+2,500
0
+100
+500
+1,800

-0.2%
-1.6%
+0.9%
+2.1%
-2.1%
-0.6%
+1.5%
+2.7%
+0.9%
+2.7%
+2.5%
+0.6%
0.0%
+0.1%
+1.6%
+0.5%

Job highlights since June 2015:


Over the past year, private sector jobs grew most rapidly in these metro areas in New
York State:
o Kingston (+2.7%)
o New York City (+2.7%)
o Orange-Rockland-Westchester (+2.5%)
o Dutchess-Putnam (+2.1%)
o Watertown-Fort Drum (+1.6%)

Over the past year, four metro areas in the state Elmira (-2.1%), Binghamton (-1.6%),
Glens Falls (-0.6%), and Albany-Schenectady-Troy (-0.2%) lost private sector jobs.

Change in jobs by major industry sector: June 2015 June 2016


1)

Jobs data (not seasonally adjusted):

The table below compares the over-the-year change in jobs by major industry sector in New
York State occurring between June 2015 and June 2016.
Change in Jobs by Major Industry Sector
June 2015 June 2016
Sectors With Job Gains:
*
Educational & Health Services
Leisure & Hospitality
Professional & Business Services
Construction
Information
*
Government
Other Services
Trade, Transportation & Utilities
Financial Activities
Sectors With Job Losses:
Manufacturing
Natural Resources & Mining

+49,100
+28,400
+12,400
+10,900
+8,700
+6,600
+6,400
+5,800
+2,000

-2,600
-400

*Educational and health services is in the private sector.


Government includes public education and public health services.

Highlights among NYS sectors with job gains since June 2015:
Private educational and health services added the most jobs (+49,100) of any major
industry sector over the past year. Sector job gains were mostly in health care and social
assistance (+44,400), especially ambulatory health care services (+23,400).

The second largest employment increase over the past year occurred in leisure and
hospitality (+28,400). Sector gains were centered in accommodation and food services
(+21,500), especially food services and drinking places (+22,600).

Professional and business services had the third largest increase in jobs (+12,400)
between June 2015 and June 2016. Over the past year, sector job gains were mostly in
professional, scientific and technical services (+16,500), especially architectural and
engineering services (+4,200), and accounting, tax preparation, bookkeeping and payroll
services (+3,900).

Over the past year, construction added 10,900 jobs, which was the fourth largest
increase of any major industry sector in the state. Sector job gains were mostly in
specialty trade contractors (+12,200).

Highlights among NYS sectors with job losses since June 2015:
Over the past 12 months, manufacturing lost the most jobs (-2,600) of any major industry
sector in New York. Job losses were focused in durable goods (-5,700), especially
fabricated metals (-6,200).

Unemployment Insurance Benefits: June 2016


1)

Regular Unemployment Insurance (UI):

For New York State, during the week that included June 12, 2016, there were 115,882
people (including 105,310 who live in the State) who received benefits under the regular
Unemployment Insurance (UI) program.
In June 2016, New York State residents who received Unemployment Insurance benefits
made up 23% of the total unemployed.

Note: The responsibility for the production of monthly estimates of state and metro area nonfarm
employment by industry moved from the Division of Research and Statistics to the U.S. Bureau of Labor
Statistics (BLS), starting with the March 2011 estimates. More detailed information on the change is
available on the BLS web site.
Many economic data series have a seasonal pattern, which means they tend to occur at the same time
each year (e.g., retail jobs usually increase in December). Seasonal adjustment is the process of
removing seasonal effects from a data series. This is done to simplify the data so that they may be more
easily interpreted and help to reveal true underlying trends. Seasonal adjustment permits comparisons of
data from one month to data from any other month.
Labor force statistics, including the unemployment rate, for New York and every other state are based on
statistical regression models specified by the U. S. Bureau of Labor Statistics. In New York State, payroll
jobs data by industry come from a monthly survey of 18,000 business establishments. Jobs data by
industry do not include agricultural workers, the self-employed, unpaid family workers or domestic
workers in private households.

See State and Area Jobs Data


See Labor Market Overview
See Jobs and Unemployment Fact Sheet

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