jobs

Construction employment takes a summer hit

The number of private sector jobs on Long Island increased by 5,600 in the year ending in August, a 0.5 percent increase to 1,157,400 positions. By comparison, the state’s year over year private sector growth rate was 1.8 percent and the nation’s was 1.7 percent. In a separate measure, Long Island’s private sector job count decreased by 9,200 between July and August, compared to an average loss of 1,400. Construction had a surprisingly weak month,…


Island unemployment rate inches higher

Long Island’s unemployment rate ticked up to 4.2 percent in June, rising 0.2 percentage points from a year ago as additional workers began looking for jobs. About 63,000 Long Islanders are seeking jobs, including 4,000 new hopefuls. Nassau County’s rate increased by 0.3 percentage points to 4.1 percent, while the Suffolk rate increased by 0.2 percentage points to 4.3 percent. By comparison, New York State’s rate was 4.5 percent and the national rate was also…


Employment up 1.7% as the hospitality sector rocks

Long Island added 19,000 jobs in the year ending in June, a 1.7 percent increase that brings the region’s total private sector employment to 1,172,200, the Labor Department reported Thursday. The increase was in line with national numbers and slightly below New York State job growth of 1.9 percent. Statistically, all of the growth came between May and June, when the region added a record 19,000 jobs, well above the historic average for the period…


LI adds 16K+ jobs in past year, but March weak

Long Island added 16,400 jobs over the year ended in March, an increase of 1.5 percent that brings total local employment to 1,120,700. Continuing a long trend, the greatest gains were in educational and health services (+8,600), trade, transportation and utilities (+7,800) and professional and business services (+3,100).  Losses occurred in financial activities (-1,100), manufacturing (-1,000), natural resources, mining and construction (-500), other services (-400) and information (-200). Long Island’s private sector job count rose by…


Island’s jobless rate dipped to 4.2% in July

Long Island’s unemployment rate was 4.2 percent in July, down 0.6 percentage points from a year ago, the state Labor Department reported Tuesday. Nassau County’s rate decreased by 0.6 percentage points to 4.0 percent, while Suffolk County’s rate decreased by the same 0.6 percentage points to 4.4 percent. By comparison, New York State’s rate was 5.0 percent and the national rate was 5.1 percent. The rates are not seasonably adjusted. Nassau’s 4.0 percent rate ranks it…