The number of private sector jobs on Long Island increased over the year by 17,300, or 1.7 percent, to 1,054,300 in February 2014. In comparison, the state’s over-the-year private sector growth rate was (+1.6 percent) and the nation’s was (+1.9 percent).
Long Island’s private sector job count decreased by 3,400 between January and February (not seasonally adjusted), more than double the typical loss of 1,500. Data suggest that bad weather may have had an impact on job growth in February. Natural resources, mining, and construction lost 1,300 jobs, almost twice the average loss of 700. Snow may have also hindered retail activity, with the sector shedding 4,600 jobs in February, nearly 1,000 more jobs than is normal for the month. In positive news, the manufacturing sector gained 400 jobs between January and February, compared to the 10-year average loss of 100.
Six of nine private industry sectors gained jobs in February compared to a year ago — trade, transportation, and utilities (+7,200), educational and health services (+6,300), leisure and hospitality (+3,500), other services (+2,600), manufacturing (+600), and financial activities (+100). The government sector lost 3,700 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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