The number of private sector jobs on Long Island increased over the year by 19,800, or 1.8 percent, to 1,116,100 in October 2014. In comparison, the state’s over-the-year private sector growth rate was (+1.5 percent) and the nation’s was (+2.3 percent).
Long Island’s private sector job count increased by 3,000 between September and October (not seasonally adjusted), slightly higher than the typical gain of 2,600 jobs. The retail trade industry, which typically ramps up hiring in October for the holiday season, only added 1,000 jobs, compared to an average of 1,700.
Six of nine private industry sectors gained jobs in October compared to a year ago — trade, transportation, and utilities (+7,400), education and health services (+6,500), professional and business services (+3,600), natural resources, mining, and construction (+3,500), leisure and hospitality (+1,500), and other services (+1,100). The government sector lost 2,000 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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