Jobless Rate Drops In County
The unemployment rate in March was lower than it was a year ago in Chautauqua County.
According to the state Labor Department, Chautauqua County’s unemployment rate was 7.7 percent in March, down .08 percent from last year. The number of unemployed residents in the county is also lower than last year. There were 5,200 unemployed residents in Chautauqua County. This March, there were 4,700, a decrease of 500 or 9.6 percent.
However, the number of employed residents also decreased from last year. In March of last year, there were 56,300 employed workers in the county. This year there were 55,800 employed workers. That is a decrease of 500 or .9 percent.
Statewide, the job sector with the largest increase in employment from the past year was education and health services, which added 41,200 jobs. Five other job sectors also increased in employment: professional and business services added 24,400 jobs; leisure and hospitality added 22,700 jobs; trade, transportation and utilities added 21,900 jobs; other services added 5,200 jobs; and information added 1,100 jobs.
Three job sectors decreased in the number of employees. Manufacturing lost 5,200 employees, government lost 4,600 employees and financial activities lost 3,100 employees.
Statewide, from March of last year to this year, the state’s unemployment rate dropped .7 percent to 7.3 percent. In addition, the number of unemployed state residents also fell from last year from 762,700 to 697,400, a difference of 65,300.
“The state’s economy held steady in March 2014. Looking over the past year, the state has added more than 100,000 private sector jobs. In addition, the state’s jobless rate has declined by 1.0 percentage point over the past 12 months, which is a steeper rate drop in the nation as a whole over the same time frame,” said Bohdan M. Wynnyk, deputy director of the Division of Research and Statistics.
Rates are calculated following procedures prescribed by the U.S. Bureau of Labor Statistics. The state’s unemployment rate relies in part on the results of a telephone survey of 3,100 houses in New York.
New York state’s private sector job count held steady at 7,539,300 in March, an all-high time for the month. Over a 12-month period ending in March 2014, the state’s private sector has climbed by 108,200, or 1.5 percent. 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’s Bureau of Labor Statistics.