Developments in the Hudson Valley Labor Market
Over the past year, the private sector job count in the Hudson Valley rose by 23,400, or 3.0 percent, to 798,300 in December 2022. Growth was centered in educational and health services (+10,400), leisure and hospitality (+6,300), natural resources, mining and construction (+3,700), professional and business services (+3,600) and other services (+2,500). Losses were greatest in trade, transportation and utilities (-1,600), financial activities (-800), manufacturing (-400) and information (-300).
The region’s private sector job count continued to expand, with five sectors adding jobs for the 12 months through December 2022 while four reported job losses. Aided by strength in its health care component, the region’s educational and health services sector grew by 5.0 percent – its strongest year-over-year December growth on record. While the sector has regained a large portion of the jobs lost, it remains 8,000 or 3.6 percent below the pre-pandemic levels of December 2019.
Within the region, Sullivan County’s private employment sector grew the fastest year-over-year, up 7.9 percent. The second fastest growth was recorded in the Orange-Rockland-Westchester labor market area (+3.5 percent), followed by the Kingston MSA (+2.0 percent), and the Dutchess-Putnam Metropolitan Division (+0.1 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]