NY Job #s are Strong-Except for Manufacturing

Post: Jan. 31, 2017

In December 2016, New York State’s private sector job count increased by 9,000, or 0.1%, to 7,963,900, a new record high, according to preliminary figures released by the New York State Department of Labor. Those figures bring the statewide unemployment rate down to 4.9% from 5.1%. Since the beginning of Governor Andrew M. Cuomo’s administration, New York State’s economy has added 869,600 private sector jobs and experienced employment growth in 61 of the past 72 months. The good news did not extend to New York manufacturers though, which lost 9,900 jobs between December 2015 and December 2016.