The number of private sector jobs on Long Island increased over the year by 18,000, or 1.6 percent, to 1,118,800 in July 2014. In comparison, the state’s over-the-year private sector growth rate was (+1.9 percent) and the nation’s was (+2.2 percent).
Long Island’s private sector job count decreased by 800 between June and July (not seasonally adjusted), compared to a typical loss of 5,200 jobs. The professional and business services industry added 1,800 jobs in July, the highest gain for that month since 1990. On average, the industry sheds 200 jobs in July. After three record breaking months, adding a cumulative 11,800 jobs, the construction sector was flat in July, slightly less than the average gain of 400.
Five of nine private industry sectors gained jobs in July compared to a year ago — education and health services (+7,300), trade, transportation, and utilities (+6,900), professional and business services (+4,500), natural resources, mining, and construction (+4,200), and other services (+1,400). The government sector lost 3,000 jobs over-the-year, mainly in local government education.
Division of Research & Statistics
New York State Dept. of Labor
303 W. Old Country Rd.
Hicksville, NY 11801
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