Developments in the Hudson Valley Labor Market
Private sector jobs in the Hudson Valley increased by 7,600 or 0.9 percent, to 833,300 in the year ending June 2024. Employment gains were largest in private education and health services (+9,500), leisure and hospitality (+3,300), financial activities (+700) and other services (+400). Job losses were greatest in trade, transportation and utilities (-2,500), professional and business services (-1,300), mining, logging and construction (-1,100), information (-900) and manufacturing (-500).
The region’s private sector job count reached 833,300 in June 2024 – its highest employment count on record, regardless of month. Four sectors added jobs for the 12 months through June 2024 while five lost jobs. Private education and health services remained the region’s leading jobs generator. Year-over-year in June 2024, the sector climbed 4.4 percent to reach 224,700 – its strongest year-over-year June growth since 2021.
Private sector job growth was spread throughout the region. Year-over-year, Sullivan County posted the strongest gains, up 4.7 percent. They were followed by the Kingston MSA (+1.3 percent), the Orange-Rockland-Westchester labor market area (+0.8 percent), and the Dutchess-Putnam Metropolitan Division (+0.4 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]