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What you need to know for 01/20/2017

Capital Region gained 4,000 jobs in past year

Capital Region gained 4,000 jobs in past year

The Capital Region gained a net 4,000 jobs from November 2011 to November 2012, according to figures

The Capital Region gained a net 4,000 jobs from November 2011 to November 2012, according to figures released today by the state Department of Labor.

That was a 0.9 percent increase over the one-year period and the largest jobs gain among upstate New York metropolitan areas.

The region added 5,900 jobs in the private sector, an increase of 1.7 percent over the one-year period. But the loss in public-sector jobs reduced the total.

New York gained 83,500 private-sector jobs in the first 11 months of 2012, according to the Labor Department. But that increase was tempered by the loss of 29,100 private-sector jobs last month because of Hurricane Sandy’s impact on the greater New York City region, according to the release.

“These year-to-date figures are particularly strong given the negative impact of Hurricane Sandy to our state’s economy,” said Bohdan M. Wynnyk, deputy director of the Research and Statistics Division.

The state’s unemployment rate fell from 8.7 percent in October to 8.3 percent in November — slightly higher than November 2011’s 8.2 percent jobless rate.

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