October’s flat performance
was reflected in the industry supersector mix, as five industry supersectors posted gains and five exhibited
declines. The largest job gain came from
and health services supersector (1,400,
0.4%). Education (1,100, 1.7%) and health
services (300, 0.1%) both contributed to the increase. The related construction and mining
(600, 1.1%) industry supersector continued
to add jobs this October and remains strong over the year (5,500, 10.8%). The leisure and hospitality (500, 0.3%) supersector was higher in October after
a large drop in September. A warm and
hurricane-free October seemed to help the tourist shoulder season after a
decline in September. The financial
activities (200, 0.2%) supersector
and the information supersector
(100, 0.3%) posted small monthly gains as well.
Once again government
(-1,100, -0.5%) led October declining major industry supersectors. Local government (-1,000, -0.7%) had the biggest monthly
decline and state government (-100,
-0.1%) also exhibited a small drop. Federal government employment levels
were unchanged as furloughed federal workers got paid so they were counted as
working. Trade, transportation, and
utilities lost jobs (-800, -0.3%). Retail
trade (-1,100, -0.6%) brought the overall supersector down, as wholesale
trade (100, 0.2%) and transportation
and utilities (200, 0.4%) were positive.
The professional and business services (-600, -0.3%) supersector was also lower this month
with all of the job loss coming from administration
and support services (-900, -1.0%).
The other services (-300, -0.5%) and the manufacturing supersector (-100, -0.1 %) were slightly
lower in October. The heavily
defense-related manufacturing sector, especially durable goods production, was
less impacted from the federal shutdown than expected as the Defense department
rescinded contractor furloughs early on in October.
2013 revised employment statistics pointed to a larger monthly job decline of
-4,100 (-0.3%). Seven of ten major
industry supersectors declined
statewide in September, with large job losses coming from leisure and hospitality (-1,800,
-1.2%), financial activities (-1,300, 1.0%), professional and business
services (-1,100, -0.5%), and manufacturing (-800, -0.5%). The government (1,400, 0.6%) supersector added jobs in September in
the state, the month before the shutdown.
At the regional level, all six major labor markets in the state
experienced seasonally adjusted declines.
The high proportion of major industry supersector declines statewide (7of 10) coupled with the
predominance of regional labor market declines in September point to increased
hiring uncertainty and a drop in confidence as October 1st
approached (the beginning of the federal fiscal year when the federal shutdown