Rochester Job Growth

After looking at the different trends of employment in the state of New York, one can realize that the state is finally beginning to go back to normal after dealing with such a terrible recession and damaging economy. What seems to have started in 2009 left thousands of people unemployed and without jobs due to many companies and businesses going out of business because of such a terrible economy. However, recent trends prove that job growth is happening which proves that the economy is, in fact, getting better.

Job growth in Rochester, NY is at a particularly high rate. In fact, Rochester has the highest number of job growth in the state of New York. Because Rochester is having such success with its job growth, many people believe that the economy is getting better and hope to find employment soon. In fact, the unemployment rate is expected to decrease.

However, it seems with good news comes not so good news. It is not necessarily bad news but the unemployment rate for the state of New York has only dropped from 8 percent in the month of September to 7.9 percent in the month of October. This shows that while there has been job growth, many people in the state of New York are still employed and only small progress is being made.

The city of Rochester has added close to 8,000 jobs in the construction field alone. This is great for people who work in the field of construction or for anyone who is willing to do this kind of work. The job growth percentage for Rochester is at a whopping 1.5 percent. While some believe this percentage is not exactly the best, it surely is not the worst either.

Several employers in different cities of New York have created new job positions and are hiring more people to work for their business. In fact, these companies alone have added close to 8,000 new positions to their company which enables unemployed people to find work. However, government jobs have not made much progress with job growth. Government jobs have actually lost 200 positions which puts many people out of work.

The job growth rate in Rochester is much higher than New York City and the Buffalo area. It is also much higher than Albany and Syracuse. Some of the other types of jobs that have been added in Rochester, aside from construction, include manufacturing, retail, and various other services.

The CEO of Taylor, the Builders, James D. Taylor has said, “We all feel things are turning around.” He also says, “It’s a great time to build.” Because people are buying more permits to build, construction jobs are in demand, especially in this area.