County Unemployment Rate Decreases Lower Than July 2012

The unemployment rate in Chautauqua County is lower in July than it was in June and 1 percent lower than where it was last year.

According to the state Labor Department, Chautauqua County’s unemployment rate was 7.4 percent in July, down from 7.6 percent in June. Last July, the rate was 8.4 percent, which is 1 percent greater than this year’s level.

The number of unemployed residents in the county is also lower than last year. There were 5,500 unemployed in Chautauqua County in July 2012. This year, there were 4,800, a decrease of 700 or 13 percent.

The number of employed residents increased between June and July, and from last year. In July, there were 59,900 employed workers in the county. That was an increase of 2,200 from June, and 400 more than last July.

The job sector with the largest increase in employment from month-to-month was in education and health services, which rose by 9.6 percent. Four other job sectors also increased in employment: leisure and hospitality increased 8.9 percent, financial activities jumped 7.1 percent, natural resources, mining and construction rose by 4.3 percent and professional and business services had a 3.3 percent hike.

Only two job sectors decreased in the number of employees. Government decreased by 4.8 percent and trade, transportation and utilities lowered by 1.1 percent.

Statewide, between June and July the state’s unemployment rate was unchanged at 7.5 percent, remaining at its lowest level since February 2009.

In addition, the number of unemployed state residents fell during the month by 3,100 to 717,700. 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 over the month by 9,200, or 0.1 percent, to 7,436,800 in July. 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.

“The New York state economy has continued to improve over the past year. Since July 2012, we have added 129,300 private sector jobs, and New York is just one of nine states to have regained all of the jobs lost during the recession. In addition, over the past 12 months the state’s unemployment rate has dropped from 8.7 percent to 7.5 percent,” said Bohdan M. Wynnyk, state Division of Research and Statistics deputy director.

The job sector with the largest job gain in the last year statewide was education and health services, increasing by 37,000 employees. The leisure and hospitality sector had the second highest increase, 33,900, during the last year.

The job sector with the biggest decrease in workers was manufacturing, which lowered by 15,800. Government lost the second most employees during the last year, decreasing by 9,500.