Bad News about Employment in Rochester

The Bureau of Labor Statistics estimates that the Rochester, NY metro area labor force declined about 9,800 people ( from 524,500 in January 2013 to 514,700 in January 2014).
The number of people in the labor force who were unemployed declined about 9,700 people (from 45,500 in January 2013 to 35,800 in January 2014). The situation is a bit more complicated, but it is as if about 10,000 people who want to work have simply given up looking in the past year.
The unemployment rate dropped from 8.7% in January 2013 to 7.0% in January 2014. This unemployment rate clearly understates the seriousness of the problem of jobs.
We need tens of thousands of new jobs to absorb the unemployed and discouraged workers in the Rochester metro area.

Table 1. Civilian labor force and unemployment by state and metropolitan area

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