Home Economy Hudson Valley job market expands in April

Hudson Valley job market expands in April

SHARE

The lower Hudson Valley job market expanded in April, according to a state Department of Labor report, and outpaced state and national job creation.

An estimated 8,800 nonfarm jobs were added in Westchester, Rockland and Orange counties, for an increase of 1.3 percent from March. Employment beyond the region, by contrast, increased by 0.8 percent in New York and 0.7 percent nationally.

The private sector accounted for all of the regional growth, with 9,100 new jobs, offset by a loss of 300 government jobs.

The one-year regional job picture remained steady, with 5,500 net jobs gained since April last year, an increase of  0.8 percent.

The leisure and hospitality sector accounted for an estimated 4,000 new jobs last month in Westchester, Rockland and Orange counties, followed by professional and business services, with 2,400 new jobs, and natural resources, mining and construction, which added 1,900 positions.

Employment at financial activities companies in the three-county area lagged in April, with the sector shedding 300 jobs. The manufacturing and information sectors were flat.

The broader seven-county Hudson Valley region – including Columbia, Dutchess, Putnam and Ulster counties – gained 13,600 jobs, a 1.5 percent increase, in April.

Statewide, unemployment was unchanged at 4.3 percent, the lowest level in more than 10 years, according to preliminary data from the U.S. Bureau of Labor Statistics. The unemployment estimate is based on the current population survey and a monthly survey of 3,100 households.

The job count is based on a survey of 18,000 New York employers. Monthly estimates are preliminary, are not seasonally adjusted and could be revised as more data become available.

Print Friendly

LEAVE A REPLY

Please enter your comment!
Please enter your name here