Employment by Sector
What does this measure?
The net growth or decline in jobs by sector, shown as a percentage gain or loss from 2001.
Why is this important?
Job growth by sector is a key indicator of economic vitality and reveals how the structure of industry and the composition of employment in the region are changing.
How are Cayuga and Seneca counties performing?
Cayuga County had job growth in 4 of the 6 largest job sectors in the region between 2001 and 2010, including a 4% gain in jobs in the largest sector, Government, and 10% growth in the third largest sector, Health Care and Social Assistance. There were also increases of 32% in Financial Activities and 15% in Leisure and Hospitality. Jobs declined in the Manufacturing and Trade, Transportation and Utilities sectors (18% and 10%, respectively).
Seneca County had job growth in 3 of the 6 largest job sectors between 2001 and 2010, including 24% in Financial Activities, 26% in Government, and 3% in Trade, Transportation and Utilities. Professional and Business Services jobs fell 22% and Leisure and Hospitality jobs declined by 8%. However, it should be noted that because of Seneca’s overall small size, sector information is not disclosed for about a third of total jobs.
Notes about the data
County employment estimates are reported by place of work, not place of residence. Compiled by the U.S. Bureau of Economic Analysis, this data series includes employment in farming and among sole proprietors. As a consequence, these totals are larger than those estimated monthly by the NYS Department of Labor and U.S. Bureau of Labor Statistics.