The number of private sector jobs on Long Island increased over the year by 22,600, or 2.1 percent, to 1,120,800 in August 2014. In comparison, the state’s over-the-year private sector growth rate was (+1.9 percent) and the nation’s was (+2.1 percent).
Long Island’s private sector job count increased by 4,000 between July and August (not seasonally adjusted), compared to a typical loss of 500 jobs. Retailers added 1,500 jobs in August, far outpacing the typical back-to-school gain of 300. After record breaking gains in April, May, and June, the construction sector lost 1,500 jobs in July and August. However, the sector is still up 1,900 jobs on a year-over-year basis.
Five of nine private industry sectors gained jobs in August compared to a year ago — trade, transportation, and utilities (+11,600), education and health services (+8,000), professional and business services (+4,800), natural resources, mining, and construction (+1,900), and other services (+1,500). The government sector lost 2,600 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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