timeclock-bw-150x150-7441211Year-over-year private-sector job growth in New York continued along a familiar path last month—stronger downstate than upstate, and somewhat weaker overall than the national average.

On a statewide basis, private-sector employment in New York as of April was up 106,600 jobs from the same month in 2017, according to the latest monthly estimates from the state Labor Department. This translated into a 1.3 percent growth rate during a period when the national private job growth was 1.7 percent.

New York City, Long Island and the lower Hudson Valley accounted for 92,300 of those added jobs, including 66,900 (a growth rate of 1.7 percent) in the city alone.

On a percentage basis, the fastest growing area of the state was Ithaca, up 1,700 jobs, or 3 percent. Among upstate’s top four metropolitan areas, Buffalo-Niagara Falls had the strongest year-to-year growth, up 6,800 jobs, or 1.5 percent. At the other extreme, the Southern Tier continues to sink, with falling employment totals in Binghamton and Elmira. Employment growth in rural, non-metro areas also is barely above stall speed, up just 300 jobs (0.1 percent) over the prior year.

The statewide unemployment rate of 4.6 percent remained above the national rate of 3.9 percent—and lower downstate than upstate.

The regional breakdown of private job growth, screen-capped from the Labor department report:

screen-shot-2018-05-17-at-1-50-13-pm-938x1024-9936096

 

 

 

 

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

NY’s pre-Covid tax base drain confirmed in new comptroller’s report

New York was a net loser of income tax filers to other states even in the five years leading up to the pandemic disruption of 2020 Read More

Charter Law Fix is Low-Hanging Fruit for Legislature

A floor amendment to lift the charter cap that limits the number of charters granted to operate such schools in New York City was rejected by the State Senate last week. Read More

Voters Reject a Pair of Tax Cap-Breaching School Budgets

New York school districts whose budgets were defeated yesterday can hold a re-vote in June on the same proposal or a modified one Read More

NY’s pandemic-punctuated school spending topped US average by 89%

In a school year whose last quarter was severely disrupted by the Covid-19 pandemic, New York once again led all states in spending on elementary and secondary education Read More

Renewable Energy, Open Space, and Agriculture – New York Can’t Have it All

New York faces the prospect of growing land use conflicts in coming years, due to the Climate Leadership and Community Protection Act Read More

Can New York City Do Without the Greenpoint Energy Project?

National Grid is trying to expand its natural gas compression facility in Brooklyn, but New York’s Department of Environmental Conservation delayed making a decision to approve it Read More

Stock markets gyrations could make Albany dizzy

Recent stock market trends could punch a hole in New York's overstuffed state budget. Read More

Set Free New York’s Zombie Charters 

Due to a quirk in state law, roughly 10,000 mostly low income and minority kids in New York City are being denied the charter school seats their parents covet for them. 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!