Employment by Sector
What does this measure?
The net growth or decline in jobs by sector, shown as a percentage gain or loss from 2001 to 2014.
Why is this important?
Job growth by sector is a key indicator of economic vitality and reveals how the structure of industry and the composition of employment in the region are changing.
How is the region performing?
Total jobs in the region increased by 12% from 2001 to 2014, equal to the national figure and greater than the statewide (excluding NYC) figure of 7%. The largest regional percentage increases came in Financial Activities (32%), Educational Services (40%), and Leisure and Hospitality (29%). Four sectors decreased from 2001 to 2014, with Construction (-1%) and Government (-4%) falling slightly and Information (-28%) and Manufacturing (-35%) experiencing steeper declines.
Notes about the data
County employment estimates are reported by place of work, not place of residence. Data for this indicator are expected to be released in the fourth quarter.