Change in Total Jobs
What does this measure?
The growth or decline in total jobs, shown as a percentage gain or loss from the previous year.
Why is this important?
Job growth is a key indicator of economic health and vitality and reveals whether and by how much an economy is expanding. In addition to the number of jobs, the quality of jobs should be considered – this is reflected in measures of average salary.
How are Cayuga and Seneca counties performing?
Total jobs decreased 2% in Cayuga County and nearly 1% in Seneca County from 2008 to 2009, compared to declines of 3% in the nation and 2% in the state (excluding NYC). Since 2000, jobs have increased 12% in Seneca and 4% in Cayuga, compared to growth of 4% in the state and 5% in the nation. The comparison counties all lost about 2% of their jobs from 2008 to 2009.
Notes about the data
County employment is reported by place of work, not place of residence. Compiled by the U.S. Bureau of Economic Analysis, this data series includes employment in farming and among sole proprietors. As a consequence, these totals are larger than those estimated monthly by the NYS Department of Labor and U.S. Bureau of Labor Statistics.