The job growth taking place across much of the country has not been as strong in upstate New York.
The Citizen reports while the Cayuga County unemployment rate has dropped from a pandemic high of 16.6% to less than four percent last month, job gains have lagged behind. In a report published earlier this month, economists with the Federal Reserve Bank said the renewed spread of the virus late last year and restrictions put on segments of the economy have made the recovery slower in upstate counties.
Overall employment is still about seven percent below pre-pandemic levels upstate, compared to three percent statewide. The total labor force in Cayuga County was 33,600 in November, the lowest figure since the 1990s.
FingerLakes1.com is the region’s leading all-digital news publication. The company was founded in 1998 and has been keeping residents informed for more than two decades. Have a lead? Send it to [email protected].