Niagara Gazette

Local News

April 20, 2013

Regional job growth slows down

Niagara Gazette — The Buffalo Niagara Falls region saw mild job growth since March 2012, the state labor department reported Thursday.

The area added 1,400 jobs, an increase of about 0.3 percent, well below the state and the rest of the nation. During the same time period, the region added 3,200 private sector jobs, an increase of about 0.7 percent.

New York added 79,900 jobs, an increase of 0.9 percent over the past 12 months, while the rest of the country added 1.9 million jobs, an increase of 1.5 percent, during the same period.

New York added 14,100 private sector jobs in March, pushing the state to an all-time high private sector job count of 7.4 million. The state unemployment rate fell to 8.2 percent from 8.4 percent in February. Outside of New York City, that rate falls to 7.7 percent.

The number of unemployed New Yorkers decreased over the month — from 806,900 in February to 784,800 in March.

Nationwide, unemployment was at 7.6 percent in March, while more than 2 million private sector jobs were added since March 2013.

Locally, the goods producing industries saw a 2,500 loss in jobs since March 2012. Construction took a 1,900 hit, while manufacturing was down 600 jobs in the Buffalo Niagara Falls region. Government jobs were down 1,800.

Service providers led the way adding 3,900 jobs over the past 12 months. Leisure and hospitality employers added 2,400, followed by the professional business services industry, which added 1,700.

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