The number of private sector jobs on Long Island increased over the year by 20,400, or 2.0 percent, to 1,057,100 in January 2014. In comparison, the state’s over-the-year private sector growth rate was (+1.7 percent) and the nation’s was (+2.1 percent).
Long Island’s private sector job count decreased by 42,900 between December and January (not seasonally adjusted), slightly lower than the typical loss of 45,900. The natural resources, mining, and construction sector shed only 4,400 jobs in January compared to an average loss of 6,200. Retailers, which scale back most of their seasonal hiring in January, reduced their workforce by 11,100, in line with the 10-year average.
Six of nine private industry sectors gained jobs in January compared to a year ago — trade, transportation, and utilities (+7,100), educational and health services (+6,900), leisure and hospitality (+3,400), professional and business services (+3,100), other services (+2,500), and manufacturing (+200). The government sector lost 2,900 jobs over-the-year, mainly in local government education.
The benchmark revisions lowered Long Island’s private sector annual average job count in 2013 by 7,600 and its year-to-year gain of 27,400 was revised to a gain of 21,300. The revised data indicate larger job gains than originally estimated in natural resources, mining, and construction and a smaller loss in manufacturing.
Division of Research & Statistics
New York State Dept. of Labor
303 W. Old Country Rd.
Hicksville, NY 11801
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