screen-shot-2018-10-19-at-10-04-05-am-150x150-9251522New York’s latest employment data continue to show a lopsided divide between upstate and downstate.

As of November, the Empire State added 114,600 private-sector jobs on a year-over-year basis—a 1.4 percent increase during a period when private employment nationally grew by 1.9 percent, or one-third faster rate—according to the monthly jobs report released today by the state Labor Department.

New York City accounted for 72,500 jobs, a 1.8 percent growth rate. Long Island and lower Hudson Valley added 18,100 jobs, although Duchess-Putnam was the only downstate labor market to match the national growth rate of 1.9 percent.

Upstate was a very different story. As shown below, all of the region’s major labor markets grew by less than 1 percent. Binghamton and Syracuse had growth rates of zero, while sickly Elmira shrank by another percentage point. The numbers in the November jobs report reflect a continuation of New York’s decidedly uneven recovery from the Great Recession.

screen-shot-2018-12-20-at-4-28-42-pm-8474642

The state’s unemployment rate was estimated at 3.9 percent, slightly above the national level of 3.7 percent. In the long term, nearly all of the decline in unemployment from recessionary peak levels upstate has been due to labor force shrinkage rather than increases in the number of people reporting they have jobs, while the downstate trend has reflected increases in employment and the labor force.

A shown in the following chart from the jobs report, education and health services was (yet again) the leading source of new employment, while manufacturing declined (again).

 

screen-shot-2018-12-20-at-4-13-33-pm-1-1506789

About the Author

E.J. McMahon

Edmund J. McMahon is Empire Center's founder and a senior fellow.

Read more by E.J. McMahon

You may also like

Lawmakers Add to the High Cost of Health Insurance in New York with Tax Hikes and Mandates

State lawmakers ended their session by passing a flurry of bills making health insurance even less affordable. Read More

Record high public pension fund return won’t necessarily mean lower pension costs

The cost to taxpayers of New York's generous pension benefits for government employees depends largely on the performance of pension fund investments. Read More

Digging deeper on the (very deep) East Side Access project

Governor Cuomo held a press conference at Grand Central Terminal today to announce completion of construction work on the $11 billion East Side Access project, which for the first time will provide direct Long Island Railroad (LIRR) service to and from Gr Read More

New York’s State Share of Medicaid Spending is Due to Jump 22 Percent This Fiscal Year

The state share of Medicaid spending is projected to jump 22 percent under the recently approved state budget, an unusually steep one-year jump for what is already one of New York's biggest expenditures. Read More

Where were New Yorkers headed in the run-up to the pandemic?

The Empire State has lost a net 1,585,770 residents to the rest of the country since 2010, the largest outflow of any state Read More

Financial plan update reflects NY state budget loaded with cash

A year after Governor Cuomo declared the state was "broke" due to the pandemic, New York's budget is bursting with cash Read More

New York’s jobs recovery outpaced U.S. in April

Private-sector employment in New York increased faster than the nationwide recovery rate in the month of April, according to The April count of private-sector employment was estimated at 7.4 million jobs, up slightly mo Read More

Voters Approve Nearly All School Budgets Within Tax Cap

School budget votes proposing an average increase in per pupil spending of 4.2 percent were overwhelmingly approved in state-wide voting held yesterday. Read More

Subscribe

Sign up to receive updates about Empire Center research, news and events in your email.

CONTACT INFORMATION

Empire Center for Public Policy
30 South Pearl St.
Suite 1210
Albany, NY 12207

Phone: 518-434-3100

General Inquiries: Info@EmpireCenter.org

Press Inquiries: Press@EmpireCenter.org

About

The Empire Center is an independent, non-partisan, non-profit think tank located in Albany, New York. Our mission is to make New York a better place to live and work by promoting public policy reforms grounded in free-market principles, personal responsibility, and the ideals of effective and accountable government.

Empire Center Logo Enjoying our work? Sign up for email alerts on our latest news and research.
Together, we can make New York a better place to live and work!