For the first time since the Great Recession, more than 9.1 million New Yorkers were working in 2016, according to Labor Day report by State Comptroller Thomas DiNapoli.
The unemployment rate fell to 4.8%, the lowest number in nine years. While DiNapoli says that’s good news, he noted upstate regions including the Southern Tier, western New York and the North Country continue to lose jobs as workers move elsewhere or drop out of the labor market.
Regional growth remained uneven, with downstate experiencing the highest employment growth while most upstate regions saw declines. Every region had significant growth in the number of seniors aged 65 and over joining the work force between 2011 and last year, the only age bracket growing in many of the regions. The Finger Lakes workforce across other age brackets dropped by as much as 10% during the study period.