Developments in the Hudson Valley Labor Market
The Hudson Valley's private sector job count grew by 8,600, or 1.1 percent, to 810,200 in the year ending October 2023. Gains were largest in private education and health services (+12,200), leisure and hospitality (+4,200) and other services (+200). Employment losses were focused in mining, logging and construction (-4,400), trade, transportation and utilities (-1,400), professional and business services (-800), financial activities (-600), manufacturing (-500) and information (-300).
The region’s private sector job count continued to trend upward, with three sectors posting year-over-year gains for the 12-months through October 2023. Aided by strong hiring in its health care and social assistance component, the region’s private education and health services sector grew the fastest, up 5.8 percent – its strongest year-over-year October growth on record.
Within the region, Sullivan County’s private employment sector grew the fastest year-over-year, up 5.1 percent. The second fastest growth was recorded in the Kingston MSA (+1.1 percent), followed by the Orange-Rockland-Westchester labor market area (+1.0 percent), and the Dutchess-Putnam Metropolitan Division (+0.8 percent).
For More Information Please Contact:
NYS Department of Labor
120 Bloomingdale Road, Room 218
White Plains, NY 10605
Phone: (914) 997-9571
Fax: (914) 997-4107
Email: [email protected]