New York State’s private sector job count increased by 36,200, or 0.5% in July 2016, according to preliminary figures released by the New York State Department of Labor. According to the department, this represents the state’s largest monthly private sector job gain since September 2013. The statewide unemployment rate was unchanged from June’s level of 4.7%, and remained below the comparable U.S. rate of 4.9% in July 2016, this is its lowest level since August 2007. The good news did not extend to New York’s manufacturers however, as the Labor Department also reported that over the past 12 months manufacturing lost the most jobs (-4,200) of any major industry sector in New York. Job losses were focused in durable goods (-5,400), especially fabricated metals (-6,00). Read the full press release.
Meet the people behind the products. From semi-conductors to Jet engine turbines – from apple pie filling to smoked salmon – from cosmetics to high definition micro displays – Council members make the products that make the world run. Through our podcast we introduce listeners to the people who own, work in, and support these businesses, businesses that together are the Council of Industry. We learn about their products and career paths. We learn about their leadership styles and their passion for their work. We learn about their challenges and their opportunities. In the process we learn more about manufacturing and why it is such a vital sector of our economy- vital to our region’s prosperity, our security and our future.