BREAKING NEWS

BREAKING NEWS

County Unemployment Rate Increases Slightly In June

The unemployment rate in Chautauqua County slightly increased in June when compared to May, but is almost a point lower than it was last year.

According to the state Labor Department, the county’s unemployment rate in June was 7.6 percent, .1 percent higher than it was in May. However, the current unemployment rate is .8 percent lower than it was last year when it was 8.4 percent in June 2012.

Employed residents in the county increased by 600 during June. The job sector that had the largest increase in employment in the last month was leisure and hospitality, which increased by 7.7 percent. Other job sectors increasing in employment included education and health services, which rose by 1.2 percent, and manufacturing, which jumped by 1 percent. Two job sectors lost employees in June. Other services decreased by 2.9 percent and government lowered by 2.8 percent.

Between May and June, New York state’s unemployment rate fell from 7.6 percent to 7.5 percent – the lowest it has been since February 2009. The nation’s unemployment rate in June remained at 7.6 percent. In addition, the number of unemployed state residents fell by 8,500 to 720,900. The federal government calculates New York’s unemployment rate partly based upon the results of a monthly telephone survey of 3,100 households in the state conducted by the U.S. Bureau of Labor Statistics.

New York state’s private sector job count dipped slightly by 6,800, or .1 percent, to 7,444,600 in June. During the past year, New York’s economy grew by more than 100,000 private sector 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.

“New York state’s unemployment rate continued on its recent downward trend in June 2013, falling from 7.6 percent to 7.5 percent, its lowest level in more than four years,” said Bohdan M. Wynnyk, state Division of Research and Statistics deputy director.

During the last year, educational and health services added the most jobs, 37,200, than any industry sector. Professional and business services added the second greatest number of jobs, rising by 35,900.

During the past year, employment losses in the government sector, 16,700, were greater than any other job sector. Manufacturing also lost more than 16,000 jobs.