For the 12-month period ending in August 2015, private sector employment in the Hudson Valley increased by 14,100 or 1.8 percent, to 780,500. Five of nine private industry sectors gained jobs in August. Jobs were added in educational and health services (+7,400), leisure and hospitality (+5,300), other services (+1,900), trade, transportation and utilities (+1,200), and professional and business services (+700). Job losses were centered in financial activities (-1,100), manufacturing (-700), information (-300), and natural resources, mining and construction (-300). The government sector shed 1,000 jobs over the period.
Educational and health services remained the region’s leading job generator, accounting for more than half the net job growth in the private sector. The sector grew by 4.0 percent over the year – its strongest August year-to-year growth on record (data going back to 1990). Meanwhile, the region’s leisure and hospitality industry also performed admirably – up 5.6 percent over the year- its fastest August year-to-year growth on record.
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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