Saturday, April 18, 2015 - 4:48:57 PM

Local News

Print Friendly | Bookmark and Share

Binghamton Unemployment at Six Year Low

Unemployment is at a six-year low in Binghamton, with the jobless rate at 6.1 percent for April.

The number of unemployed people in the Binghamton area dropped from 8,800 in April of 2013 to 6,900 in April of 2014.

There were encouraging signs but the number of jobs in the area also dropped over the past year by 600.

This tells economists that the drop in the unemployment rate is still due in part to discouraged workers no longer looking for jobs.

"There's a whole lot of things going on there. There is the discouraged workers that have either seen the demand for labor isn't robust enough or their skills don't match the opportunities that are out there," said New York State Department of Labor analyst Christian Harris.

Some good news for the Binghamton area is that private-sector job increases have outpaced gains in public-sector jobs over the past year.

Leisure and hospitality is the sector that gained the most jobs locally in the past year.



VIEW VIDEO

View Related Articles: Broome County, BU or comment on this one below.

blog comments powered by Disqus


Back Back

Binghamton web design and website hosting by EFX internet  EFX internet


Additional Articles


Protesters Rally in Opposition to Trade Agreement VIEW VIDEO
Protesters gathered to show their opposition to the fast tracking of a trade agreement they say would cut jobs. They gathered at the Metro Center in front of Congressman Richard Hanna's... more

Learning More About Global Health Issues VIEW VIDEO
Local community members are learning more about health issues plaguing countries around the world.     On Friday at the 2015 Human Rights and Global Health conference, experts explained the... more

Volunteers of America Dedicate Their Memorial Garden VIEW VIDEO
The spirit of pride is in full bloom at Volunteers of America in Binghamton.   On Friday the VOA held a ceremony for the dedication of their veteran memorial garden. Volunteers and residents... more

Mother of BPD Officer Katie Brown Feels Misled by Death Investigation VIEW VIDEO
At approximately 10:12 pm on may 18th, 2014 a motorcycle crash on the Vestal Parkway killed Binghamton Police Officer Katie Brown  and Christopher Stoeckel, a former BPD officer. At 1:15 the next... more

Suspected Meth Lab Bust in Endwell VIEW VIDEO
A State Police investigation lands an Endwell resident behind bars for allegedly manufacturing methamphetamine...     21 year-old Dakota Askew has been charged with criminal possession of a... more

Binghamton Pothole Repair Update VIEW VIDEO
One thing is for sure...potholes have been slowing Binghamton drivers down -  Friday Mayor Rich David gave an update on Binghamton's attempt to patch things up. Work started about a month ago when... more

Buttons Back at Spiedie Fest VIEW VIDEO
We're still more than 3 months away from the 31st Annual Spiedie fest but organizers are already announcing details they hope will make the festival bigger and better than ever.     The buttons... more

Click here for more local news...icon

ADVERTISEMENT

ADVERTISEMENT

 A News Story

If you are looking for a copy of a news story that we recently aired, simply click here to find out how.

Breaking News

Do you have a tip or information about a breaking news story? Contact the FOX 40 News Desk at 607.798.0070 or send us an email .




Share to Facebook Share to Twitter Stumble It More...