February Unemployment Ticks Up in Binghamton AreaPosted: Updated:
Most counties in New York State saw a rise in unemployment last month compared to February 2017, according to newly released Department of Labor data.
The Binghamton region, comprised of Broome and Tioga counties saw a 2.1 percent decline in employment, raising the unemployment rate by 0.4 percent. Broome County’s unemployment rate stands at 7 percent, up from 6.5 percent in 2017, while Tioga County’s is at 6.6 percent, up from 6.5 percent.
The preliminary February unemployment report for New York’s metro area found that only New York City saw a decline in year over year unemployment.
Overall, New York’s metro area unemployment decreased by 0.2 percent to 5 percent with 97,200 private sector jobs added to the economy. However, all metro counties except New York City saw their unemployment rates rise, leading to believe most of the job gains in the state went to the city. New York City's unemployment rate fell by 0.6 percent to 4.4 percent.
Across upstate, the unemployment rate saw a rise of 0.2 percent in Elmira, Ithaca 0.1 percent, Syracuse 0.3 percent and Utica-Rome of 0.5 percent compared to February 2017.
The U.S. Department of Labor releases monthly reports on employment by region based on the Current Population Survey.