Binghamton Area Loses Hundreds of Jobs Over Past Year
The Binghamton labor market had 300 fewer private sector jobs in September compared to a year earlier.
According to the state Department of Labor, the region’s total number of private sector jobs was down four-tenths of a percent. Only Kingston had a job loss of that magnitude over the past twelve months.
While Binghamton and a few other labor markets in the state reported job losses, the number of private sector jobs in New York was up by almost two percent compared to a year ago.
Speaking on WNBF Radio’s Binghamton Now program, labor department analyst Christian Harris said it was “another tough month” for the region.
Harris said the new report reflects a “softening” of the labor market moving into the second half of the year.
Harris noted New York state’s private sector jobs rose to an all-time high in September as the figure reached just over 7.3 million.
While the Binghamton market – which includes Broome and Tioga counties – has been losing jobs in recent months, the situation is different in nearby Ithaca.
The latest employment report indicates private sector jobs in the Ithaca market rose by 2100 over the past year, an increase of 3.9 percent.