Developments in the Capital Region Labor Market
From May 2023 to May 2024, the number of nonfarm jobs in the Albany-Schenectady-Troy MSA increased 8,200 or 1.8 percent, while the number of private sector jobs increased 5,900 or 1.6 percent. During this same period, the number of nonfarm jobs in the Glens Falls MSA increased 200 or 0.4 percent, while the number of private sector jobs increased 300 or 0.7 percent. The tables below present additional industry details.
| Area | May 2024 | May 2023 |
|---|---|---|
| United States | 3.7% | 3.4% |
| New York State | 4.2% | 3.9% |
| Capital Region | 3.5% | 2.8% |
| Albany-Schenectady-Troy-MSA | 3.5% | 2.8% |
| Glens Falls MSA | 3.6% | 3.0% |
| Natural Resources, Mining and Construction | +300 |
| Manufacturing | +300 |
| Trade, Transportation and Utilities | -200 |
| Information | -500 |
| Financial Activities | +100 |
| Professional and Business Services | -1,400 |
| Private Education and Health Services | +3,000 |
| Leisure and Hospitality | +4,100 |
| Other Services | +200 |
| Government | +2,300 |
| Natural Resources, Mining and Construction | 0 |
| Manufacturing | -100 |
| Trade, Transportation and Utilities | -300 |
| Information | -100 |
| Financial Activities | 0 |
| Professional and Business Services | -300 |
| Private Education and Health Services | +500 |
| Leisure and Hospitality | +600 |
| Other Services | 0 |
| Government | -100 |
Contact
For More Information, Please Contact:
Kevin Alexander
NYS Department of Labor
155 Washington Ave., 3rd Floor
Albany, NY 12210
Phone: (518) 242-8245
Email:[email protected]