Unemployment rate drops in NY

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New York’s unemployment rate dropped from 8.4 percent to 8.2 percent between February and March with the state reaching an all-time high in private-sector jobs this year, the state Department of Labor reported today.

The state added more than 14,000 private-sector jobs in March, bringing the job count to a record high of 7.4 million. The unemployment rate in the state outside of New York City fell from 7.9 percent to 7.7 percent in March compared to the previous month.

“In March, the New York state economy improved as our seasonally adjusted private sector job count grew by 14,100, or 0.2 percent, to 7,426,100, an all-time high,” said Bohdan Wynnyk, the labor department’s deputy director of research and statistics, in a statement.

New York City’s unemployment rate decreased from 9.1 percent in February to 8.9 percent in March. New York’s unemployment rate still outpaced the national average. The national unemployment rate was 7.6 percent in March.

The total number of private sector and government jobs, or non-farm jobs, from February to March increased by 11,200 in the state.

Compared to March 2012, the total number of non-farm jobs increased by almost 80,000 and private-sector jobs grew by more than 97,000.

Over the past year, private sector job growth increased the highest in the Kingston area with a reported 2.9 percent growth, or addition of 1,300 positions. Jobs on Long Island increased 2.1 percent, and the Ithaca area increased by 1.7 percent between March 2012 and March 2013.

The lower Hudson Valley — Westchester, Rockland and Putnam counties — had an increase of 2,200 jobs between March 2012 and March 2013.

The areas that had a loss in private-sector jobs since March 2012 included Elmira, Binghamton and the Utica-Rome area. Binghamton experienced a decrease of 1,100 non-farm jobs and a loss of 200 private-sector jobs. Elmira lost 700 non-farm jobs and 500 private-jobs since March 2012.

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