(WBNG Binghamton) According to the New York Department of Labor, the number of jobs has decreased in the Binghamton area during the past year.
A report showed a decline in the total number of non-farm jobs from February 2013 though February 2014. The job numbers decreased from 105,700 to 104,300.
During that time period, the total number of private jobs also sank from 81,300 to 80,800.
Statewide, the private sector grew by 12,800. That’s about 0.2% in the month of February.
State unemployment remained around 6.8%, which is a five year low.
Experts at the Department of Labor said downstate New York is the biggest reason for growth in the private sector, while many areas of upstate continue to struggle.
On a positive note, local losses in non-farm jobs seem to be narrowing.
Experts hope that potential contracts for Lockheed Martin will drive up the employment numbers, not only for Lockheed employees, but for retail jobs as well.