Developments in the Capital Region Labor Market
From October 2022 to October 2023, the number of nonfarm jobs in the Albany-Schenectady-Troy MSA increased 8,200 or 1.7 percent, while the number of private sector jobs increased 6,600 or 1.8 percent. During this same period, the number of nonfarm jobs in the Glens Falls MSA increased 1,300 or 2.5 percent, while the number of private sector jobs increased 1,000 or 2.3 percent. The tables below present additional industry details.
| Area | October 2023 | October 2022 |
|---|---|---|
| United States | 3.6% | 3.4% |
| New York State | 4.4% | 3.7% |
| Capital Region | 3.2% | 2.5% |
| Albany-Schenectady-Troy-MSA | 3.2% | 2.5% |
| Glens Falls MSA | 3.1% | 2.6% |
|
Natural Resources, Mining and Construction |
-600 |
|
Manufacturing |
-1,000 |
|
Trade, Transportation and Utilities |
-800 |
|
Information |
0 |
|
Financial Activities |
+500 |
|
Professional and Business Services |
+1,700 |
|
Private Education and Health Services |
+5,800 |
|
Leisure and Hospitality |
+800 |
|
Other Services |
+200 |
|
Government |
+1,600 |
|
Natural Resources, Mining and Construction |
0 |
|
Manufacturing |
0 |
|
Trade, Transportation and Utilities |
-200 |
|
Information |
0 |
|
Financial Activities |
-100 |
|
Professional and Business Services |
+100 |
|
Private Education and Health Services |
+300 |
|
Leisure and Hospitality |
+900 |
|
Other Services |
0 |
| Government | +300 |
Contact
For More Information, Please Contact:
Kevin Alexander
NYS Department of Labor
155 Washington Ave., 3rd Floor
Albany, NY 12210
Phone: (518) 242-8245
Email:[email protected]