For the 12-month period ending in August 2017, private sector employment in the Hudson Valley increased by 17,300 or 2.2 percent, to 808,300. Jobs were added in educational and health services (+8,900), trade, transportation and utilities (+3,400), professional and business services (+2,900), other services (+2,700), leisure and hospitality (+2,200), and financial activities (+500). Job losses were centered in natural resources, mining and construction (-1,700), manufacturing (-900), and information (-700).
In August 2017, the region’s private sector job count reached 808,300 – a record high for the month. Private sector job growth was broad-based, with six of nine sectors recording job gains. Two sectors posted over-the-year gains of more than 4.0 percent. Aided by a strong healthcare component, job growth in the region’s education and health services sector remains strong, up 4.5 percent year-over-year – strongest August growth on record.
The region’s over-the-year private sector job growth rate of 2.2 percent outpaced that of the state (1.8 percent) and the nation (1.7 percent). Within the region, year-over-year private sector job growth was fastest in Sullivan County (+2.7 percent), followed by the Orange-Rockland-Westchester labor market area (+2.2 percent), the Kingston MSA (+2.1 percent), and the Dutchess-Putnam MSA (2.0 percent).
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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