Developments in the Hudson Valley Labor Market
Private sector jobs in the Hudson Valley rose by 20,200 or 2.7 percent, to 772,500 over the year in April 2022. Employment gains were largest in leisure and hospitality (+9,100), other services (+4,000), professional and business services (+3,300), trade, transportation and utilities (+2,400), manufacturing (+1,400) and information (+700). Job losses were greatest in educational and health services (-600).
While job growth in the region’s private employment sector continued trending upward, the pace of growth has slowed down. Through the first three months of 2022, the region’s private employment sector averaged a year-over-year growth rate of 3.9 percent, compared to the 2.7 percent recorded in April 2022. Nevertheless, job growth continued to be broad-based with six of nine sectors posting year-over-year gains. Two sectors posted year-over-year job gains of at least 10.0 percent.
Within the region, Sullivan County’s private employment sector grew the fastest year-over-year, up 7.1 percent. The second fastest growth was recorded in the Kingston MSA (+4.7 percent), followed by the Orange-Rockland-Westchester labor market area (+2.7 percent), and the Dutchess-Putnam MSA (+1.1 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]