For the 12-month period ending in February 2017, private sector employment in the Hudson Valley increased by 7,400 or 1.0 percent, to 767,400. Jobs were added in educational and health services (+5,700), professional and business services (+4,600), other services (+1,200), and trade, transportation and utilities (+1,000). Job losses were mostly centered in leisure and hospitality (-4,000) and manufacturing (-800).
In February 2017, the regional job market continued to expand at a modest rate as private sector job count grew by 1.0 percent. While job growth in educational and health services (2.8 percent) remained strong, job losses in leisure and hospitality have become quite apparent. The sector is down 5.0 percent over-the-period – largest February year-over-year decline since 1992.
Within the region, year-over-year, private sector job growth was fastest in Sullivan County (3.2 percent), followed by the Kingston MSA, and the Orange-Rockland-Westchester labor market, which both came in at 1.1 percent respectively. The Dutchess-Putnam MSA declined by 0.2 percent over the period.
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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