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October 15, 2003
The number of non-farm jobs in the Albany, Schenectady, Troy metropolitan area fell slightly in September, matching the rest of the state, according to the state Department of Labor.
There were 460,900 jobs during the month, down from 463,000 in September 2002, a drop of .5 percent. Employment fell .5 percent statewide as well, with nearly 8.4 million jobs during the month.
Area unemployment was 3.7 percent in September, up from the 3.6 percent recorded in the same month last year. Statewide, the unemployment rate was 5.8 percent, up from 5.4 last year.
Education and health services jobs have seen the most growth during the last 12 months around New York, adding 13,000 positions. Manufacturing was the biggest loser, dropping by 33,900 jobs, followed by the government sector which declined by 13,100 jobs.
Nationally, employment levels were also essentially flat at 137.7 million, up slightly from about 137.4 million last year. Unemployment rose to 5.8 percent, up from 5.4 percent.
"As new York recovers from the ongoing, long-term effects of the national recession, the state's economy continues to mirror the national economy, with changes in the state's private-sector job count essentially reflecting movement in the nation's private-sector job count," said David J. Trzaskos, the acting director of the state's division of research and statistics.