The number of private sector jobs on Long Island increased over the year by 26,100, or 2.4 percent, to 1,133,900 in October 2015. In comparison, the state’s over-the-year private sector growth rate was (+2.2 percent) and the nation’s was (+2.2 percent).
Long Island’s private sector job count increased by 5,700 between September and October (not seasonally adjusted), nearly double the average gain of 3,000. Both the manufacturing and financial activities sectors had outsized gains compared to recent months. The manufacturing sector added 700 jobs compared to the average gain of 200. October also marked the first year-over-year increase in manufacturing jobs in nearly three years. The financial activities sector added 500 jobs in October compared to September when a loss of 100 is typical. Retailers had a somewhat weak start to the holiday season, hiring only 1,000 workers when they normally hire 1,600 seasonal employees.
Six of nine private industry sectors gained jobs in October compared to a year ago — education and health services (+11,200), natural resources, mining, and construction (+7,400), professional and business services (+4,600), leisure and hospitality (+2,900), trade, transportation, and utilities (+1,300), and manufacturing (+200).
Division of Research & Statistics
New York State Dept. of Labor
303 W. Old Country Rd.
Hicksville, NY 11801
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