Developments in the Hudson Valley Labor Market
Private sector jobs in the Hudson Valley rose over the year by 8,100, or 1.0 percent, to 807,800 in March 2024. Job gains were largest in private education and health services (+9,800), leisure and hospitality (+3,700) and financial activities (+1,100). Job losses were greatest in professional and business services (-2,400), trade, transportation and utilities (-2,300), manufacturing (-900), mining, logging and construction (-600) and information (-300).
In March 2024, the region’s private sector employment count reached 807,800 – a record high for the month. While the over-the-year picture remained positive, the pace of job growth has slowed down. Nevertheless, two sectors posted year-over-year gains of at least 4.3 percent. Aided by strength in its health care and social assistance component, the region’s private education and health services sector climbed 4.5 percent – its fastest year-over-year March growth on record.
Within the region, Sullivan County’s private employment sector grew the fastest year-over-year, up 6.1 percent. The second fastest growth occurred in the Kingston MSA (+2.7 percent), followed by the Dutchess-Putnam Metropolitan Division (+2.3 percent), and the Orange-Rockland-Westchester labor market area (+0.5 percent).
Contact
For More Information Please Contact:
Johny Nelson
NYS Department of Labor
120 Bloomingdale Road, Room 218
White Plains, NY 10605
Phone: (914) 997-9571
Fax: (914) 997-4107
Email: [email protected]