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

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Presentation transcript:

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

2 NYS Department of Labor Internet Resources: *Look under the “Labor Statistics” section of “Government and Research”. Department of Labor Web Site* CareerZone (Career Exploration Tool) JobZone (Job Seeker Tool)

3 The State’s Economy New York's unemployment rate in June 2015 was 5.3 %, which was well below the year-ago level of 6.2 %. New York’s labor force rose by 105,800 (1.1 %) people over the year ending June 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)

4 Total nonfarm jobs rose (175,400 or 1.9 %) between June 2014 and June The manufacturing, natural resources & mining, and information sectors lost jobs over the year. Private educational & health services; leisure & hospitality; professional & business services; trade, transportation & utilities; construction; government; financial activities; and other services sectors added jobs over the year. ( not seasonally adjusted numbers ) New York’s Nonfarm Jobs Are Rising

5 Central New York’s Economy: Total nonfarm jobs rose by 3,500 (1.1 %) between June 2014 and June 2015 in the Syracuse metro area. June’s unemployment rate of 5.4 % was below the year-ago level of 6.0 % 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)

6 Comparing June 2015 with June 2014, the Syracuse metro area economy had job gains in: Trade, Transportation & Utilities Private Educational & Health Services Professional & Business Services Other Services Central New York:

7 Comparing June 2015 with June 2014, the Syracuse metro area economy had job losses in these sectors: Natural Resources, Mining & Construction Leisure & Hospitality Central New York:

8 AREA APRIL 1, 2000 Census APRIL 1, 2010 Census CHANGE NEW YORK STATE18,976,45719,378, ,645 Cayuga County 81,96380,026-1,937 Cortland County48,59949, Madison County69,44173,442+4,001 Onondaga County458,336467,026+8,690 Oswego County122,377122, SOURCE: U.S. Census Bureau Population Trends

9 Albany (518) , ext. 136 Binghamton (607) Buffalo (716) Hudson Valley (914) Lake Placid (518) Long Island (516) New York City (212) Rochester (585) Syracuse (315) Utica-Rome (315) For More Labor Market Information, Contact the Analyst Nearest You:

New York State Department of Labor Division of Research and Statistics Karen Knapik-Scalzo Associate Economist 450 S. Salina Street Voice (315) Syracuse, NY Fax (315) PREPARED BY: