For the 12-month period ending in October 2015, private sector employment in the Hudson Valley increased by 9,300 or 1.2 percent, to 778,800. Private sector job growth rebounded sharply in October 2015 with five of nine private industry sectors gaining jobs. Jobs were added in educational and health services (+6,800), other services (+2,200), natural resources, mining and construction (+1,200), leisure and hospitality (+1,000) and manufacturing (+600). Job losses were centered in financial activities (-1,100), trade, transportation and utilities (-700) and professional and business services (-600). The government sector shed 1,200 jobs over the period.
Educational and health services remained the region’s leading job generator. The sector grew by 3.5 percent over the year – its strongest October year-to-year growth since 1999. Job growth is aided by a strong healthcare component, especially in the Orange-Rockland-Westchester labor market area. Meanwhile, after years of decline, the region’s manufacturing sector grew by 1.3 percent or 600 jobs – its first October year-to-year increase since 1997.
Special Interest to the Hudson Valley Region:
For more information, please contact:
NYS Department of Labor
120 Bloomingdale Rd., Room 218
White Plains, NY 10605
Phone: (914) 997-8798
Fax: (914) 997-4107
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