Developments in the Hudson Valley Labor Market
Private sector jobs in the Hudson Valley rose over the year by 10,300, or 1.3 percent, to 831,200 in November 2024. The largest gains were in private education and health services (+9,600), other services (+3,600) and financial activities (+1,200). Job losses were centered in trade, transportation and utilities (-1,600), mining, logging and construction (-1,300), information (-700), leisure and hospitality (-400) and professional and business services (-200).
In November 2024, job count in the region’s private employment sector continued trending upward, reaching 831,200 – a record high for the month. Two sectors posted gains of at least 4.3 percent. Aided by strength in its healthcare and social assistance component, the region’s private education and health services sector grew by 4.3 percent – its highest year-over-year November growth rate on record (series dating back to 1990).
Private sector job growth was spread throughout the region. Year-over-year, Sullivan County posted the strongest gains, up 5.7 percent. The second fastest growth was recorded in the Kingston MSA (+1.3 percent), followed by the Orange-Rockland-Westchester labor market area (+1.2 percent), and the Dutchess-Putnam Metropolitan Division (+0.6 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]