Change in Total Jobs
What does this measure?
The growth or decline in total jobs, shown as a percentage gain or loss from the previous year.
Why is this important?
Job growth is a key indicator of economic health and vitality and reveals whether and by how much an economy is expanding.
How is the region performing?
Total jobs increased by 1.3% in the Mid-Hudson Valley from 2013 to 2014, greater than the state (excluding NYC) increase of 0.9% and below the national increase of 1.9%. This was the largest annual increase in regional jobs since 2007. From 2013 to 2014, total jobs increased by 1.9% in Ulster and 2.5% in Orange, while falling by 0.5% in Dutchess.
Notes about the data
County employment is reported by place of work, not place of residence. Data for this indicator are expected to be released in the fourth quarter.