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November 19, 2009
Private-sector employment in the Buffalo-Niagara Falls area has declined by 13,700 jobs, or 3 percent, since October 2008 according to the state Department of Labor.
The nonfarm (private and public sectors combined) job loss in the same year-over-year period fell by 16,900 jobs, or 3 percent.
Click here for a detailed breakdown of local unemployment, including data for eight counties and 13 prominent cities and towns.
The monthly report said the area's unemployment rate was 8.3 percent in October 2009, compared with 5.7 percent last year and with 8.4 percent in September.
In Rochester, private-sector employment is off 10,400 jobs, or 2.4 percent from a year ago. The number of nonfarm jobs has decreased by 9,500, or 1.8 percent.
The metropolitan area's unemployment rate was 7.8 percent in October 2009, up from 5.5 percent in the same month of last year and from 8.0 percent in September.
The number of seasonally adjusted private-sector jobs in New York State decreased in October by 12,700, or 0.2 percent, to just over 7 million. Since the economy went into recession in August 2008, the state's private-sector job count has declined in 13 of the past 14 months. The statewide total nonfarm job count also decreased over the month by 15,300, or 0.2 percent, to 8.54 million in October 2009.
The labor department said that between September and October 2009, New York state's seasonally adjusted unemployment rate increased slightly to 9.0 percent from 8.9 percent, its highest level since April 1983. The number of unemployed in the state also increased over the month, climbing to 872,000 in October from 867,300 in September, the highest level on record.
New Yorkers are more skeptical of finding a job, too. The New York Employee Confidence Index decreased 3.5 points to 46.9 in October, according to the latest Spherion Employment Report. The monthly survey of New York workers, conducted by Harris Interactive of Rochester on behalf of Spherion Corp., reveals that more workers are pessimistic about the economy.
Among the responses just 19 percent of workers believe the economy is getting stronger, a decrease of six percentage points from September. Thirty-five percent said they are confident in their ability to find a new job, an 11-percentage-point decline from the previous month.
"Similar to our national report, New York's workers are concerned about the overall economy and job availability," said Linda Perneau, vice president and general manager of Spherion Staffing Services. "Typically, we look to the end of the year to buoy the jobs outlook due to retailers adding jobs for the holidays, but we may not see as bright a market in that area as in previous years."
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