Developments in the Capital Region Labor Market
From August 2021 to August 2022, the number of nonfarm jobs in the Albany-Schenectady-Troy MSA increased 11,400 or 2.6 percent, while the number of private sector jobs increased 11,300 or 3.2 percent. During this same period, the number of nonfarm jobs in the Glens Falls MSA decreased 300 or 0.6 percent, while the number of private sector jobs decreased 200 or 0.4 percent. The tables below present additional industry details.
| Area | August 2022 | August 2021 |
|---|---|---|
| United States | 3.8% | 5.3% |
| New York State | 4.9% | 6.7% |
| Capital Region | 3.3% | 4.2% |
| Albany-Schenectady-Troy-MSA | 3.3% | 4.2% |
| Glens Falls MSA | 3.2% | 4.2% |
|
Natural Resources, Mining and Construction |
-500 |
|
Manufacturing |
-100 |
|
Trade, Transportation and Utilities |
+1,900 |
|
Information |
-100 |
|
Financial Activities |
+1,000 |
|
Professional and Business Services |
+2,700 |
|
Educational and Health Services |
+4,400 |
|
Leisure and Hospitality |
+1,300 |
|
Other Services |
+700 |
|
Government |
+100 |
|
Natural Resources, Mining and Construction |
0 |
|
Manufacturing |
+100 |
|
Trade, Transportation and Utilities |
-300 |
|
Information |
-100 |
|
Financial Activities |
-100 |
|
Professional and Business Services |
0 |
|
Educational and Health Services |
+100 |
|
Leisure and Hospitality |
+100 |
|
Other Services |
0 |
| Government | -100 |
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]