New York City continued to post the strongest growth in the state in the month of August, expanding 1.2% at an annualized rate. Buffalo and Syracuse lost jobs (on a seasonally-adjusted basis); Binghamton and Utica-Rome still lag the rest of the state in year-over-year employment growth.
Professional and business service employment in NYS rose by almost 2% year-over-year. Buffalo-NF had the highest increase at over 3%. Albany and Binghamton both lost jobs in this sector during the previous year.
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