Developments in the Hudson Valley Labor Market
Over the past year, the private sector job count in the Hudson Valley rose by 10,900, or 1.3 percent, to 826,600 in May 2024. The largest gains were in private education and health services (+10,800), leisure and hospitality (+3,900), financial activities (+1,100) and other services (+900). Job losses were centered in professional and business services (-2,200), trade, transportation and utilities (-1,700), mining, logging and construction (-1,100), information (-600) and manufacturing (-200).
The region’s private sector job count reached 826,600 in May 2024 – its highest May employment count on record. Four sectors added jobs for the 12 months through May 2024 while five lost jobs. Private education and health services remained the region’s leading jobs generator. Year-over-year in May 2024, the sector grew by 4.9 percent to reach 229,900 – its highest employment count on record, regardless of month.
Private sector job growth was spread throughout the region. Year-over-year, Sullivan County posted the strongest gains, up 5.3 percent. They were followed by the Kingston MSA (+2.4 percent), the Dutchess-Putnam Metropolitan Division (+1.6 percent), and the Orange-Rockland-Westchester labor market area (+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]