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Two hundred more private sector jobs reported in Genesee County for October

By Howard B. Owens

There was robust private-sector job growth in Genesee County in October, according to recent statistics from the NYS Department of Labor, with 200 new jobs.

There are a reported 16,700 jobs in Genesee County compared to 16,500 a year ago.

The total number of jobs in the county, including government jobs, is 22,400, with the government sector losing 100 jobs year-over-year.

Average quarterly wages for all sectors increased from 2017 to 2018 in the second quarter from $9,921 to $10,107. Third quarter wage reports are not yet available.

The Genesee County unemployment rate is 3.3 percent for October 2018, matching the September unemployment rate but an improvement over the 4.5 percent rate of 2017.

Unemployment is a measurement of the number of county residents who are actively seeking employment divided by the total number of people considered part of the labor force (the employed and people seeking employment).

The county's labor force is 29,500, down from 30,400 the previous month but up from 29,100 the prior year.

The total number of employed Genesee County residents, working anywhere in the region, is 28,600, down from 29,400 a month ago but up from 27,700 the prior year.

One thousand people are listed as unemployed, unchanged from the prior month a 300 fewer than a year ago.

The unemployment rate for GLOW is 3.3 percent, down from 3.4 the previous month and 4.7 percent a year ago.

The state's unemployment rate dropped from 3.8 to 3.6 month-over-month and from 4.4 the prior month.

The nation's unemployment rate is 4 percent.

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