Developments in the Hudson Valley Labor Market
Private sector jobs in the Hudson Valley declined by 58,100 or 7.3 percent, to 732,800 in March 2021. Employment losses were greatest in educational and health services (-16,500), leisure and hospitality (-15,800), trade, transportation and utilities (-8,500), other services (-5,700), natural resources, mining and construction (-3,800), financial activities (-3,500), manufacturing (-2,400), information (-1,400) and professional and business services (-500).
The March 2021 over-the-year job losses continue to reflect the weakness in the job market prompted by the Covid-19 pandemic. At 732,800, private sector job count has reached its lowest March level since 2013. Meanwhile, the over-the-month change – a gain of 9,200, continues to reflect the reopening of the economy as more restrictions around some businesses are lifted. The historical average over-the-month change between February and March is a gain of 5,900.
Within the region, Sullivan County’s private employment sector declined the fastest year-over-year, down 8.2 percent. They were followed by the Dutchess-Putnam MSA and the Kingston MSA, both respectively down 8.1 percent, and the Orange-Rockland-Westchester labor market area (-7.1 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]