For the 12-month period ending in March 2015, private sector employment in the Hudson Valley increased by 6,800 or 0.9 percent, to 747,200. As the job picture in the private sector continues its positive trend, growth was recorded in four of the nine sectors. The four sectors adding jobs were educational and health services (+5,800), professional and business services (+1,500), natural resources, mining and construction (+1,000) and other services (+1,000). The largest job losses were in manufacturing (-800), where layoff announcements in pharmaceutical manufacturing continued. Job losses were also recorded in information (-700) and financial activities (-600). The government sector shed 600 jobs over the period.
While the regional job market continued to expand, it is important to note that private sector job growth in the Hudson Valley continues to lag that of the state (+1.9 percent) and the nation (+2.6 percent). The Kingston metro area (+2.2 percent), led the region with the fastest rate of growth in private sector employment, followed by the Orange-Rockland-Westchester metro area (+1.0 percent), Sullivan County (+0.6 percent) and the Dutchess-Putnam metro area (+0.2 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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