Westchester Tri-County Area Adds 6,200 Jobs in March

March labor statistics show the directions in which the county and the country are moving.


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According to New York State employment figures released on Thursday, the Westchester-Rockland-Putnam region added 6,200 net jobs in March, an increase of 1.1 percent over February.  Total nonfarm payrolls in March were 557,100, up from 550,900.

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The bulk of employment gains from February to March came from the services sector, accounting for 5,100 of the 6,200-job increase. Within services, the drivers were leisure and hospitality (+2,300), education and health services (+1,600), and trade, transportation, and utilities (+1,200). The financial activities sector, on the other hand, saw a net decrease of 400 jobs in March.

Looking at year-over-year data, the picture is less rosy. Form March 2013 to March 2014, the tri-county area saw a net increase of just 1,600 (+0.3 percent) jobs across nonfarm payrolls (nonfarm comprises the private sector and government). That falls short of a 10,600 net gain for the Nassau-Suffolk region (+0.8 percent), and a 3,800 net gain for the Poughkeepsie-Newburgh-Middletown metro area (+1.5 percent), saying nothing of the 73,600 gain in New York City (+1.9 percent).

Statewide, the unemployment rate ticked up by 0.1 percent to 6.9 percent thanks to a growing labor force. The national unemployment rate is 6.7 percent. 

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