SPECIAL REPORT INCOME AND EMPLOYMENT IN THE HUDSON VALLEY

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SPECIAL REPORT
INCOME AND EMPLOYMENT
IN THE
HUDSON VALLEY
2009
MARIST COLLEGE
Dr. Christy Huebner Caridi
Bureau of Economic Research
School of Management
Poughkeepsie, New York 12601
Edited by Leslie Bates
July 2011
This report is available on the Bureau of Economic Research homepage at
http://www.marist.edu/management/bureau
The support of research assistant Haley Hart and Heather Iori
is acknowledged and appreciated.
While every effort has been made to ensure that the information in this report is accurate, Marist College
cannot be held responsible for any remaining errors.
Income and Employment in the
Hudson Valley 2009
Total personal income (TPI) is the most comprehensive definition of household income.
It includes wages, salaries and benefits (earned income), interest, dividends and rents (unearned
income) and transfer payments. Year-over-year, TPI fell 4.03 percent ($5.25 billion) from $130.25
billion in 2008 to $125 billion in 2009. TPI fell 3.01 percent in New York State and 1.71 percent in
the U.S. Total personal income before transfer payments fell 6.71 percent ($7.20 billion)
compared to a 6.35 percent decline in New York State and a 4.63 percent decline in the U.S.
Region-wide, total wages, salaries and benefits (the largest component of TPI) declined
5.25 percent ($4.50 billion) compared to a 5.28 percent decline in New York State and a 4.00
percent decline in the U.S. Of this total, wages, salaries and benefits earned in the Hudson Valley
declined $2.10 billion (3.42 percent); commuter income fell $2.40 billion (9.85 percent). Yearover-year, job losses by Hudson Valley residents were higher relative to the loss of jobs
experienced statewide. In the year 2009, the region accounted for 11.85 percent (1,144,500) of the
total labor force in New York State (9,654,000) but 15.61 percent of the total year-over-year job
loss (273,000). For the period, jobs held by residents of the Hudson Valley fell 42,700 (3.89
percent) compared to a 3.18 percent decline statewide. Within the region, the largest year-overyear percentage change in wages, salaries and benefits was recorded in Rockland County at
negative 7.46 percent ($828.0 million), followed by Westchester County at negative 5.76
percent ($2.70 billion). The smallest year-over-year percentage declines occurred in Sullivan
County at negative 1.63 percent ($25.4 million) and Ulster County at negative 2.03 percent
($83.2 million). Over the same one-year period, Westchester County witnessed the largest
decline in income earned in the Hudson Valley at negative 4.88 percent ($1.70 billion), followed
by Rockland County at negative 3.54 percent ($268.0 million). The largest percentage decline in
commuter income occurred in Dutchess County at 17.64 percent ($370.0 million), followed by
Rockland County at 15.84 percent ($559.6 million). Commuter income in Westchester County
fell 8.25 percent ($1.01 billion).
Year-over-year, the unearned income component of TPI (interest, dividends and rents)
fell 9.45 percent from $28.6 billion in 2008 to $25.9 billion in 2009. Unearned income in New
York State and the U.S. declined 8.36 percent and 5.89 percent, respectively. For the year,
Westchester County accounted for 63.43 percent ($16.42 billion) of total unearned income
($25.90 billion) and witnessed 70.00 percent ($1.89 billion) of the total year-over-year decline.
Region-wide, unearned income accounted for 20.71 percent of TPI (21.95 percent in 2008).
As is expected during times of economic stress, total transfer payments posted a yearover-year increase. Across the Hudson Valley, transfer payments increased 12.79 percent,
advancing from $15.4 billion in 2008 to $17.4 billion in 2009. Transfer payments advanced 12.19
percent in New York State and 13.43 percent in the U.S. Per-capita transfer payments increased
11.96 percent from $6,792 in 2008 to $7,593 in 2009. The increase is explained by the 12.04
percent increase in payments in tandem with a year-over-year population increase of 0.75
percent. Social Security and Medicare benefits were the largest component of total transfer
payments at 55.20 percent of total payments. Across the region, Putnam County recorded the
largest percentage increase in Social Security and Medicare benefits (10.51 percent) followed by
Sullivan County at 10.12 percent. Region-wide, per-capita Medicaid, income maintenance and
unemployment insurance benefits were $2,726: 36 percent of total per-capita transfer payments
and 5.00 percent of total 2009 per-capita income. Sullivan County is the most dependent on
Medicaid, income maintenance and unemployment insurance benefits at 11.75 percent of total
per-capita income, followed by Ulster County at 7.90 percent. The least dependent is Putnam at
3.24 percent of total per-capita income, followed by Westchester at 3.84 percent. The largest
percentage increase in Medicaid benefits occurred in Orange County at 12.72 percent. The
largest percentage increase in income maintenance payments occurred in Rockland County at
34.36 percent, followed by Orange County at 31.25 percent.
Per-capita income in the Hudson Valley fell 4.12 percent from $57,310 in 2008 to $54,950
in 2009. The primary cause for this decline was a decrease in earned income – wages, salaries
and benefits. Over the same one-year period, per-capita income in the U.S. and New York State
declined 2.55 percent and 3.37 percent, respectively. Within the region, the highest per-capita
incomes were in the southernmost counties of Westchester, Rockland and Putnam at $71,728,
$51,877 and $51,347, respectively. The per-capita incomes in all three counties exceeded the
2009 per-capita incomes in the U.S. ($39,635) and New York State ($46,516). As is typically the
case, per-capita income in Dutchess County at $42,331 was above the per-capita income in the
U.S. but below the per-capita income in New York State. Per-capita incomes across the
remaining Hudson Valley counties were below both the national and state 2009 per-capita
incomes.
Year-over-year, the job count in the Hudson Valley fell 3.84 percent from 895,442 jobs in
2008 to 861,094 in 2009. Average all-industry wages fell .33 percent from $51,924 to $51,752;
private-sector wages fell 1.52 percent from $50,987 to $50,212. Average all-industry wages were
89.55 percent of the all-industry wages in New York State ($57,794). Average private-sector
wages were 85.28 percent of average all-public-sector wages ($58,881). Private-sector
employment accounted for 81.25 percent of total employment. Employment in the local
government sector accounted for 14.23 of all employment.
Employment in the private sector was dominated by three super-sectors: trade,
transportation and utilities (24.18 percent of total private-sector employment with average
wages of $40,490); education and health services (23.91 percent of total private with average
wages of $44,072); and professional and technical services (13.06 percent of total private with
average wages of $71,782). Year-over-year, employment fell 8,863 in the trade, transportation and
utilities super-sector, increased 2,431 in the education and health services super-sector and fell
5,096 in the professional and technical services super-sector. Employment in high-wage
industries (defined as an industry that pays average wages at least 50 percent greater than
average private-sector wages) accounted for 20.26 percent of total private employment in 2009,
compared to 20.64 percent in 2008. High-wage industries include: management of companies
and enterprises ($156,059), utilities ($98,409), finance and insurance ($97,827), manufacturing
($78,213) and professional and technical services ($77,053). Employment in low-wage industries
(defined as an industry that pays average wages at least 40 percent below the average privatesector wage) accounted for 31.44 percent of total private employment in 2009, up from 31.22
percent in 2008. Low wage industries include: accommodation and food services ($19,167),
agricultural, forestry, fishing ($27,002), arts, entertainment and recreation ($27,985), retail trade
($28,485) and other services ($29,164). The average yearly wage in the low-wage industries at
$26,185 was 52.15 percent of the average private-sector wage and 29.11 percent of the average
wage in the high-wage industries ($89,938).
Hudson Valley
Total Personal Income
2009
Year-over-year, total personal income (TPI)1 in the Hudson Valley fell 4.03 percent from
$130.25 billion in 20082 to $125.00 billion in 2009. The $5.20 billion year-over-year decline is
explained by a $4.50 billion decline in net earnings by residence (wages, salaries and benefits), a
$2.70 billion decline in income on real and financial assets (interest, dividends and rents) and a
$2.00 billion increase in transfer payments. Over the same one-year period, TPI in the U.S. and
New York State fell 1.71 percent and 3.01 percent, respectively. Within the Hudson Valley,
Westchester County experienced the largest year-over-year decline in TPI (5.33 percent),
followed by Rockland (5.03 percent) and Putnam (3.88 percent). TPI in Sullivan County
advanced 1.10 percent.
Total Personal Income: Year 2009
(number in 1000’s)
Source: BEA
Net Earnings by
Residence
Earnings from Real
and Financial Assets
Transfer
Payments
Total Personal
Income (TPI)
Percent
Change
(TPI) 20082009
Dutchess
8,256,968
$2,102,756
$2,067,016
12,426,740
-2.73%
Orange
9,398,218
$2,059,858
$2,569,126
14,027,202
-.24%
Putnam
3,649,458
$824,160
$623,336
5,096,954
-3.88%
10,278,806
$2,871,537
$2,421,645
15,571,988
-5.03%
Sullivan
1,530,045
$416,574
$732,540
2,679,159
1.10%
Ulster
4,021,710
$1,191,835
$1,412,514
6,626,059
-.16%
Westchester
44,587,182
$16,421,358
$7,561,005
68,569,545
-5.33%
Hudson Valley
81,722,387
25,888,078
17,387,182
124,997,647
-4.03%
NYS
575,295,807
$161,933,678
$171,767,531
908,997,016
-3.01%
U.S.
7,843,321,000
$2,192,960,000
$2,131,880,000
12,168,161,000
-1.71%
Rockland
1
Total personal income is the sum of earnings by place of residence, income on real and financial assets and transfer payments. It is the most
inclusive definition of regional income.
2
In April of 2011, The Bureau of Economic Analysis released revised income numbers.
Page 1 of 24
Net Earnings by Residence
Year-over-year, net earnings by residence fell 5.25 percent,
from $86.2 billion in 2008 to $81.7 billion in 2009.
Labor force declines 1.30 percent (15,000). Employment declines 3.89 percent (42,900)
The net earnings by residence capture the wages, salaries and benefits earned within
the Hudson Valley and the inflow of wages, salaries and benefits into the Hudson Valley
(commuter
income). Yearover-year, net
earnings by
residence fell
5.25 percent,
from $86.2
billion in 2008 to
$81.7 billion in
2009. The
decline is
explained by a
$2.10 billion
(3.42 percent) decline in wages, salaries and benefits paid by Hudson Valley employers and a
$2.40 billion
(9.85 percent)
decline in
commuter
income.
Region-wide
the labor force
contracted 1.30
percent from
1,159,440 in
2008 to
1,144,500 in
2009.
Employment by Hudson Valley residents declined 3.89 percent from 1,101,583 in 2008 to
1,058,683. Within the region, the largest year-over-year percentage change in net income by
residence was recorded in Rockland County at negative 7.46 percent ($828.0 million),
followed by Westchester County at negative 5.76 percent ($2.70 billion). The smallest yearPage 2 of 24
over-year
percentage
declines
occurred in
Sullivan County
at negative 1.63
percent ($25.4
million) and
Ulster County
at negative 2.03
percent ($83.2
million). Over
the same oneyear period,
Westchester County witnessed the largest decline in income earned in the Hudson Valley at
negative 4.88 percent ($1.70 billion), followed by Rockland County at negative 3.54 percent
($268.0 million). The largest percentage decline in commuter income occurred in Dutchess
County at 17.64 percent ($370.0 million), followed by Rockland County at 15.84 percent
($559.6 million). Commuter income in Westchester County fell 8.25 percent ($1.01 billion).
Earnings from Real and
Financial Assets (Unearned Income)
Year-over-year, unearned income fell 9.45 percent
Primary cause: a historic decline in interest rates
Year-over-year, total earnings from real and financial assets (unearned income) declined
9.45 percent from $28.6 billion in 2008 to $25.9 billion in 2009. Per-capita unearned income fell
10.11 percent
from $12,578 in
2008 to $11,306
in 2009. Over
the same oneyear period,
unearned
income in the
U.S. and New
York State
declined 5.89
percent and 8.36
percent,
Page 3 of 24
respectively. Per-capita unearned income fell 6.70 percent in the U.S. and 8.70 percent in New
York State. Within the region, Westchester County witnessed the largest decline at 10.30
percent followed by Rockland County at 9.09 percent.
Transfer Payments
Between 2008 and 2009, total transfer payments advanced
from $15.4 billion in 2007 to $17.4 billion in 2009, an 11.96 percent increase.
Transfer payments include, but are not limited to: old-age, survivors and disability
insurance benefits (Social Security); Medicare benefits; Medicaid benefits, income maintenance
benefits (principally: temporary assistance, safety net assistance and food stamps); state
unemployment insurance compensation; veterans’ benefits; and federal training and educational
assistance. Across the Hudson Valley, total transfer payments advanced 13.00 percent from $15.4
billion in 2008 to $17.4 billion in 2009 compared to a 12.19 percent increase in New York State
and a 13.43 percent increase in the U.S. Over the period, per-capita transfer payments increased
11.96 percent from $6,792 in 2008 to $7,593 in 2009. The increase is explained by the 12.04
percent increase in payments in tandem with a year-over-year population increase of 0.75
percent. Nationwide, per-capita transfer payments were $6,944; in New York State, $8,790.
Region-wide, per-capita Medicaid, income maintenance and unemployment insurance benefits
were $2,726: 36 percent of total per-capita transfer payments. The three aforementioned transfer
payments represented 5.00 percent of total 2009 per-capita income in the Hudson Valley.
Sullivan County is the most dependent on this class of transfer payments at 11.75 percent of total
Total Transfer Payments 2009
( number in 1000’s)
Category
Westchester
Hudson Valley
$773,964
$4,254,697
$9,599,614
$209,950
$329,096
$1,734,777
$4,059,179
$174,417
$73,358
$123,091
$543,629
$1,321,520
$37,599
$108,425
$31,558
$71,069
$354,198
$860,487
$55,536
$10,529
$46,017
$12,311
$23,101
$162,208
$357,209
$33,059
$44,906
$7,302
$21,080
$10,249
$20,716
$63,929
$201,241
Other
$124,559
$150,460
$46,944
$124,885
$22,040
$71,477
$447,567
$987,932
Total
$2,067,016
$2,569,126
$623,336
$2,421,645
$732,540
$1,412,514
$7,561,005
$17,387,182
SS and Medicare
Medicaid
Income
Maintenance
Unemployment
Insurance
Education
Veterans’
Benefits
Dutchess
Orange
Putnam
Rockland
Sullivan
Ulster
$1,188,678
$1,292,681
$393,165
$1,323,355
$373,074
$420,314
$633,923
$107,653
$623,466
$139,135
$247,746
$20,144
$113,764
$143,874
$47,507
Page 4 of 24
per-capita income followed by Ulster County at 7.90 percent. The least dependent is Putnam at
3.24 percent of total per-capita income, followed by Westchester at 3.84 percent.
Social security and Medicare benefits were the largest component of total transfer payments at
55.20 percent of total payments, followed by Medicaid and income maintenance payments at
30.94 percent. The largest year-over-year increase occurred in unemployment benefits at 132.20
percent. Income maintenance payments recorded a year-over-year advance of 19.05 percent.
Across the region, Putnam County recorded the largest percentage increase in Social Security
and Medicare benefits (10.51 percent) and the second-largest percentage increase in Medicaid
benefits (11.33 percent). The largest percentage increase in Medicaid benefits occurred in Orange
County at 12.72 percent. The largest percentage increase in income maintenance payments
occurred in Rockland County at 34.36 percent, followed by Orange County at 31.25 percent.
Per-Capita Total Personal Income
Year-over-year, per-capita income in the Hudson Valley fell 4.12 percent from $57,310 in
2008 to $54,950 in 2009.
As noted above, the
primary cause for this
decline was a decrease in
earned income – wages,
salaries and benefits.
Over the same one-year
period, per-capita
income in the U.S. and
New York State declined
2.55 percent and 3.37
percent, respectively.
Within the region, the
highest per-capita incomes were in the southernmost counties of Westchester, Rockland and
Putnam at $71,728,
$51,877 and $51,347,
respectively. The percapita incomes in all
three counties exceeded
the 2009 per-capita
incomes in the U.S.
($39,635) and New York
State ($46,516). As is
typically the case, percapita income in
Dutchess County at
Page 5 of 24
$42,331 was above the per-capita income in the U.S. but below the per-capita income in New
York State. Per-capita incomes across the remaining Hudson Valley counties were below both
the national and state 2009 per-capita incomes.
Summary Statistics:
Hudson Valley 2009
Population and
Labor
Dutchess
Orange
Putnam
Rockland
Sullivan
Ulster
Westchester
Hudson Valley
Total Personal
Income (TPI)
Dutchess
Orange
Putnam
Rockland
Sullivan
Ulster
Westchester
Hudson Valley
Wages Salaries and
Benefits Earned in
the Hudson Valley
Dutchess
Orange
Putnam
Rockland
Sullivan
Ulster
Westchester
Hudson Valley
Pop 2009
% of Total Pop
293,561
383,529
99,265
300,171
75,828
181,441
955,966
2,289,763
2008
$12,776,031
$14,061,623
$5,302,450
$16,396,636
$2,650,090
$6,636,604
$72,427,558
$130,250,992
2008
$7,454,240
$7,892,996
$1,711,442
$8,518,595
$1,352,348
$3,301,588
$39,097,160
$69,328,369
12.82%
16.75%
4.34%
13.11%
3.31%
7.92%
41.75%
100.00%
2009
$12,426,740
$14,027,202
$5,096,954
$15,571,988
$2,679,159
$6,626,059
$68,569,545
$124,997,647
2009
$7,416,529
$7,926,508
$1,700,836
$8,242,089
$1,346,374
$3,244,768
$37,343,290
$67,220,394
Page 6 of 24
Labor Force
(1000's)
% of HV
Labor Force
2009
144500
180100
54900
153500
35300
89700
486500
1144500
12.63%
15.74%
4.80%
13.41%
3.08%
7.84%
42.51%
100.00%
$ Change Year
to Year
% of Total
Change in HV
-$349,291
-$34,421
-$205,496
-$824,648
$29,069
-$10,545
-$3,858,013
-$5,253,345
6.65%
0.66%
3.91%
15.70%
-0.55%
0.20%
73.44%
100.00%
$ Change Year
to Year
% of Total
Change in HV
-$37,711
$33,512
-$10,606
-$276,506
-$5,974
-$56,820
-$1,753,870
-$2,107,975
1.79%
-1.59%
0.50%
13.12%
0.28%
2.70%
83.20%
100.00%
Commuter Income
2008
Dutchess
Hudson Valley
$2,097,931
$2,624,103
$2,352,913
$3,532,828
$366,675
$1,203,419
$12,345,830
$24,523,699
Capital Income
2008
Orange
Putnam
Rockland
Sullivan
Ulster
Westchester
2009
$1,727,881
$2,394,545
$2,154,564
$2,973,220
$350,317
$1,180,570
$11,326,921
$22,108,018
2009
$ Change Year
to Year
% of Total
Change in HV
-$370,050
-$229,558
-$198,349
-$559,608
-$16,358
-$22,849
-$1,018,909
-$2,415,681
15.32%
9.50%
8.21%
23.17%
0.68%
0.95%
42.18%
100.00%
$ Change Year
to Year
% of Total
Change in HV
Dutchess
$2,432,328
$2,102,756
-$329,572
7.41%
Orange
$2,225,974
$2,059,858
-$166,116
3.73%
Putnam
$908,344
$824,160
-$84,184
1.89%
$3,344,403
$2,871,537
-$472,866
10.63%
$440,895
$416,574
-$24,321
0.55%
$1,318,728
$1,191,835
-$126,893
2.85%
Westchester
$19,667,057
$16,421,358
-$3,245,699
72.94%
Hudson Valley
$30,337,729
$25,888,078
-$4,449,651
100.00%
Transfer Payments
2008
$ Change Year
to Year
% of Total
Change in HV
Dutchess
$1,813,842
$2,223,132
$545,108
$2,131,303
$652,570
$1,243,112
$6,806,454
$15,415,521
$253,174
$345,994
$78,228
$290,342
$79,970
$169,402
$754,551
$1,971,661
12.84%
17.55%
3.97%
14.73%
4.06%
8.59%
38.27%
100.00%
Rockland
Sullivan
Ulster
Orange
Putnam
Rockland
Sullivan
Ulster
Westchester
Hudson Valley
2009
$2,067,016
$2,569,126
$623,336
$2,421,645
$732,540
$1,412,514
$7,561,005
$17,387,182
Page 7 of 24
Hudson Valley Employment 2009
In the year 2009, employment in the Hudson Valley at 861,094 represented 10.33 percent
of all industry employment3 in New York State. Average all-industry wages at $51,752 were
89.55 percent of the all industry wages in New York State ($57,794). Average private-sector
wages at $50,212 were 85.28 percent of average all-public-sector wages ($58,881). Employment
in the local-government sector accounted for 14.23 percent of all employment in 2009; 81.25
percent of all employment was in the private sector.
ƒ
Government sector accounted for 18.75 percent of total employment
ƒ Private-sector employment is dominated by three super-sectors: trade,
transportation and utilities; education and health services; and professional and technical
services
ƒ
Important sub-sectors:
Health care and social assistance (19.74 percent)
Retail trade (15.60 percent)
Accommodation and food services (7.95 percent)
Manufacturing (7.31 percent)
High-wage industries accounted for 20.26 percent of total private employment in
2009, compared to 20.64 percent in 2008
~
~
~
~
ƒ
ƒ
Select data high-wage private-sector employment from highest to lowest:
~ Management of companies and enterprises ($156,059)
ƒ Year-over -year: wages down 6.92 percent; employment down 1.59 percent
ƒ Percent of 2009 private employment: 1.82 percent
~ Utilities ($98,409)
ƒ Year-over -year: wages down .60 percent; employment down 1.59 percent
ƒ Percent of 2009 private employment: .85 percent
~ Finance and insurance ($97,827)
ƒ Year-over-year: wages down 8.92 percent; employment down 6.56 percent
ƒ Percent of 2009 private employment: 4.35 percent
~ Manufacturing ($78,213)
ƒ Year-over-year: wages down .65 percent; employment down 9.88 percent
ƒ Percent of 2009 private employment: 7.31 percent
~ Professional and technical services ($77,053)
ƒ Year-over-year: wages up 1.06 percent; employment down 4.17 percent
ƒ Percent of 2009 private employment: 5.93 percent
3
All-industry employment (total employment) includes private employment and employment in the government sector.
Page 8 of 24
ƒ
Low-wage industries accounted for 30.00 percent of total private employment in 2009,
down from 31.22 percent in 2008.
ƒ
Select data low-wage private sector employment in order of importance:
~ Accommodation and food services ($19,167)
ƒ Year-over-year: wages down .39 percent; employment down .85 percent
ƒ Percent of 2009 private employment: 7.95 percent
~ Agricultural, forestry, fishing ($27,002)
~ Arts, entertainment and recreation ($27,985)
ƒ Year-over-year: wages down 1.72 percent; employment down 4.93 percent
ƒ Percent of 2009 private employment: 2.25 percent
~ Retail trade ($28,485)
ƒ Year-over-year: wages down .04 percent; employment down 5.07 percent
ƒ Percent of 2009 private employment: 15.60 percent
~ Other services ($29,164)
ƒ Year-over-year: wages up 2.68 percent; employment down 4.41 percent
ƒ Percent of 2009 private employment: 5.20 percent
ƒ
Wage spread: the average yearly wage in the low-wage sectors at $26,185 was 52.15
percent of the average private-sector wage and 29.11 percent of the average wage in the Highwage sectors ($89,938)
ƒ
Select data for the trade, transportation and utilities super-sector
~ Largest private-sector employer in the county at 24.18 percent of total private
employment (16,136), down (8,863) compared to 2008
ƒ Retail trade (109,108) down 5.24 percent
ƒ Wholesale trade (30,749) down 7.00 percent
ƒ Transportation and warehousing (23,362) down 3.34 percent
ƒ Utilities (5,917) up 3.24 percent
~ Average yearly wage in the super-sector ($40,490)
ƒ Retail trade ($28,485) down .04 percent relative to 2008
ƒ Wholesale trade ($71,388) down .63 percent relative to 2008
ƒ Transportation and warehousing ($41,222) down 1.45 percent to 2008
ƒ Utilities ($98,409) down .60 percent relative to 2008
ƒ
Select data for the education and health services super-sector
~ Second-largest private-sector employer in the county at 23.91 percent of total private
employment (167,305), up (2,431) compared to 2008
ƒ Educational services (29,224) up 2.03 percent
ƒ Health care and social assistance (138,081) up 1.31 percent
~ Average yearly wage in the super-sector ($44,072)
ƒ Educational services sector ($40,247) down 2.73 percent
ƒ Health care and social assistance ($44,881) up 1.75 percent
Page 9 of 24
ƒ Select data for the professional and business super-sector
~Third-largest private-sector employer in the country at 13.06 percent of total private
employment (91,364), down 5,096 compared to 2008
ƒ Management of companies and enterprises (12,763) down 1.61 percent
ƒ Professional and technical services (41,509) down 4.35 percent
ƒ Administrative and waste services (37,092) down 8.32 percent
~ Average yearly wage in the super-sector ($71,782)
ƒ Management of companies and enterprises ($156,059) down 6.92 percent
ƒ Professional and technical services ($77,053) up 1.06 percent
ƒ Administrative and waste services ($36,885) up 1.22 percent
Dutchess County
In the year 2009, employment in Dutchess County at 111,471 represented 12.95 percent of
all-industry employment4 in the Hudson Valley and 1.34 percent of all-industry employment in
New York State. Average all-industry wages at $47,241 were 91.28 percent of the average allindustry wages in the Hudson Valley ($51,752) and 81.74 percent of average all-industry wages
in New York State ($57,794). Average private-sector wages at $45,911 were 87.30 percent of
average all-public-sector wages ($52,589) and 89.77 percent of local-government wages
($51,143). Employment in the local-government sector accounted for 12.74 percent of all
employment in 2009; 80.10 percent of all employment was in the private sector.
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Government sector accounted for 19.91 percent of total employment
Private-sector employment is dominated by three super-sectors: education and health
services; trade, transportation and utilities; and manufacturing
Important sub-sectors:
~ Health care and social assistance (19.76 percent)
~ Retail trade (15.05 percent)
~ Accommodation and food services (8.38 percent)
High-wage industries accounted for 16.58 percent of total private employment in 2009
compared to 17.49 percent in 2008
Select data high-wage private-sector employment from highest to lowest:
~ Manufacturing ($98,763)
ƒ Year-over-year: wages up 4.87 percent; employment down 10.64 percent
ƒ Percent of 2009 private employment: 13.11 percent
~ Management of companies and enterprises ($69,688)
ƒ Year-over-year: wages up 9.46 percent; employment down .45 percent
All-industry employment (total employment) includes private employment and employment in the government sector.
Page 10 of 24
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ƒ Percent of 2009 private employment: 1.00 percent
~ Wholesale trade ($69,431)
ƒ Year-over-year: wages up 4.65 percent; employment down 1.0 percent
ƒ Percent of 2009 private employment: 2.34 percent
~ Mining ($57,444)
ƒ Year-over-year: wages down 31.54 percent; employment down 14.29 percent
ƒ Percent of 2009 private employment: .13 percent
Low-wage industries accounted for 29.15 percent of total private employment in 2009, up
from 29.18 percent in 2008
Select data low-wage private-sector employment in order of importance:
~ Accommodation and food services ($16,244)
ƒ Year-over-year: wages up 1.53 percent; employment down 1.32 percent
ƒ Percent of 2009 private employment: 8.38 percent
~ Arts, entertainment and recreation ($18,128)
ƒ Year-over-year: wages down 2.49 percent; employment down 8.61 percent
ƒ Percent of 2009 private employment: 2.16 percent
~ Retail trade ($26,434)
ƒ Year-over-year: wages up 1.19 percent; employment down 3.76 percent
ƒ Percent of 2009 private employment: 15.05 percent
~ Other services ($26,714)
ƒ Year-over-year: wages up 3.25 percent; employment down 7.64 percent
ƒ Percent of 2009 private employment: 3.55 percent
Wage spread: the average yearly wage in the low-wage sectors at $22,921 was 49.93 percent
of the average private-sector wage and 24.78 percent of the average wage in the High-wage
sectors ($92,540)
Select data for the education and health services super-sector
~ Largest private-sector employer in the county at 27.52 percent of total private
employment (24,571), down (511) compared to 2008
ƒ Educational services (6,932) down .74 percent
ƒ Health care and social assistance (17,639) up 3.30 percent
~ Average yearly wage in the super-sector ($42,052)
ƒ Educational services ($40,677) up 4.87 percent
ƒ Health care and social assistance ($42,592) up 2.95 percent
Select data for the trade, transportation and utilities super-sector
~ Second-largest private-sector employer in the county at 20.89 percent of total
private employment (18,650), down (714) compared to 2008
ƒ Wholesale trade (2,085) down 1.0 percent
ƒ Retail trade (13,439) down 3.76 percent
ƒ Transportation and warehousing(3,126) down 5.33
~ Average yearly wage in the super-sector ($33,320)
ƒ Wholesale trade($69,431) up 4.65 percent relative to 2008
Page 11 of 24
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ƒ Retail trade ($26,434) up 1.19 percent relative to 2008
ƒ Transportation and warehousing ($38,303) up 4.45 percent relative to 2008
Select data for the manufacturing sector
~ Third-largest private-sector employer in the county at 13.11 percent of total
employment (11,700), down (1,393) compared to 2008
ƒ Manufacturing (11,700) down 10.64 percent
~ Average yearly wage in the super-sector ($98,763)
ƒ Manufacturing ($98,763) up 4.87 percent relative to 2008
Orange County
In the year 2009, employment in Orange County at 127,695 represented 14.83 percent of
all-industry employment in the Hudson Valley and 1.53 percent of all-industry employment in
New York State. Average all-industry wages at $39,501 were 76.33 percent of the average allindustry wages in the Hudson Valley ($51,752) and 68.35 percent of average all-industry wages
in New York State ($57,794). Average private-sector wages at $35,755 were 67.35 percent of
average public-sector wages ($53,086) and 70.36 percent of local-government wages ($50,817).
Local-government employment accounted for 15.62 percent of all employment in 2009; 78.38
percent of all employment was in the private sector.
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Government sector accounted for 21.62 percent of total employment
Private-sector employment is dominated by three super-sectors: trade, transportation,
and utilities; education and health services; and professional and business services
Important sub-sectors:
~ Health care and social assistance (19.07 percent)
~ Retail trade (21.33 percent )
High-wage industries (Top 5) accounted for 6.54 percent of total private employment in
2009, compared to 6.41 percent in 2008
Select data high-wage private-sector employment from highest to lowest:
~ Utilities ($96,225)
ƒ Year-over-year: wages up 16.15 percent; employment up 0.84 percent
ƒ Percent of 2009 private employment: 0.60 percent
~ Management of companies and enterprises ($81,992)
ƒ Year-over-year: wages down 2.17 percent; employment down 0.79 percent
ƒ Percent of 2009 private employment: 1.00 percent
~ Mining ($68,563)
ƒ Year-over -year: wages up 1.55 percent; employment down 2.50 percent
ƒ Percent of 2009 private employment: 0.03 percent
~ Information ($53,213)
ƒ Year-over-year: wages up 6.93 percent; employment down 14.76 percent
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ƒ Percent of 2009 private employment: 2.17 percent
~ Professional and technical services ($49,917)
ƒ Year-over-year: wages up 3.95 percent; employment down 1.33 percent
ƒ Percent of 2009 private employment: 4.90 percent
Low-wage industries accounted for 32.10 percent of total private employment in 2009,
down from 32.15 percent in 2008
Select data low-wage private-sector employment in order of importance:
~ Accommodation and food services ($15,839)
ƒ Year-over-year: wages down .46 percent; employment down .77 percent
ƒ Percent of 2009 private employment: 8.33 percent
~ Arts, entertainment and recreation ($18,561)
ƒ Year-over-year: wages down 2.14 percent; employment down 4.62 percent
ƒ Percent of 2009 private employment: 1.57 percent
~ Agriculture sector ($22,362)
ƒ Year-over-year: wages down 2.59 percent; employment down 1.30 percent
ƒ Percent of 2009 private employment: .91 percent
~ Retail trade ($25,233).
ƒ Year-over-year: wages down .26 percent; employment down 3.89 percent
ƒ Percent of 2009 private employment: 21.33 percent
Wage spread: the average yearly wage in the low-wage sectors at $22,393 was 62.62
percent of the average private-sector wage and 29.15 percent of the average wage in the
High-wage sectors ($76,823)
Select data for the trade, transportation and utilities super-sector
~ Largest private-sector employer in the county at 26.49 percent of total private
employment, down (1,287) compared to 2008
ƒ Retail trade (21,353) down 3.89 percent
ƒ Wholesale trade (6,582) down 3.28 percent
ƒ Transportation and warehousing (5,289) down 3.73 percent
ƒ Utilities (597) up .84 percent
~ Average yearly wage in the super-sector $33,529
ƒ Retail trade ($25,233) up .26 percent
ƒ Wholesale trade ($49,606) up .34 percent
ƒ Transportation and warehousing ($39,940) up 2.88 percent
ƒ Utilities ($96,225) up 16.15 percent
Select data for the education and health super-sector
~ Second-largest private-sector employer in the county at 21.07 percent of total private
sector employment (21,088)
ƒ Educational services (1,997) up 3.47 percent
ƒ Health care and social assistance (19,091) up 5.73 percent
~ Average yearly wage in the super-sector $39,075
ƒ Educational services $30,384 down .12 percent relative to 2008
Page 13 of 24
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Health care and social assistance $39,984 up 4.08 percent relative to 2008
• Highest wages: ambulatory health services ($48,700)
• Followed by: hospitals ($46,519)
• Lowest wages: social assistance sub-sector ($21,664)
Select data professional and business services super-sector
~ Third-largest private-sector employer in the county at 8.25 percent of total private
employment (10,533), down (553) compared to 2008
ƒ Professional and technical services (4,907) down 1.33 percent
ƒ Management of companies and enterprises (1,004) down .79 percent
ƒ Administration and waste services (4,624) down 9.35 percent
~ Average yearly wage in the super-sector $43,376
ƒ Professional and technical services ($49,917) up 3.95 percent
ƒ Management of companies and enterprises ($81,992) down 2.17 percent
ƒ Administration and waste services ($28,033) up 2.22 percent
Putnam County
In the year 2009, employment in Putnam County at 24,825 represented 2.89 percent of
total employment in the Hudson Valley and 0.30 percent of all-industry employment in New
York State. Average all-industry wages ($46,316) were 89.50 percent of the average all-industry
wages in the Hudson Valley ($51,752) and 80.14 percent of average all-industry wages in New
York State ($57,794). Average private-sector wages ($42,673) were 67.41 percent of average
public-sector wages ($63,299) and 68.67 percent of local-government wages ($62,146). Localgovernment employment accounted for 17.95 percent of all employment in 2009; 80.89 percent
of all employment was in the private sector.
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Government sector accounted for 19.11 percent of total employment
Private-sector employment is dominated by three super-sectors: education and health
services; trade, transportation and utilities; and professional and business services
Important sub-sectors:
~ Health care and social assistance (22.17 percent)
~ Retail trade (13.19 percent )
~ Construction ( 10.62 percent)
~ Manufacturing (7.41 percent)
High-wage industries accounted for 14.71 percent of total private employment in 2009
compared to 14.59 percent in 2008
Select data high-wage private-sector employment from highest to lowest:
~ Information ($65,266)
ƒ Year-over-year: wages up 4.84 percent; employment down 2.02 percent
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ƒ Percent of 2009 private employment: 2.42 percent
~ Manufacturing ($61,904)
ƒ Year-over-year: wages up 9.48 percent; employment down 4.92 percent
ƒ Percent of 2009 private employment: 7.41 percent
~ Transportation and warehousing ($59,892)
ƒ Year-over -year: wages up 19.97 percent; employment down 11.11 percent
ƒ Percent of 2009 private employment: 1.35 percent
~ Finance and insurance ($58,685)
ƒ Year-over-year: wages down 3.52 percent; employment up 3.21 percent
ƒ Percent of 2009 private employment: 3.53 percent
Low-wage industries accounted for 16.70 percent of total private employment in 2009, up
from 16.67 percent in 2008
Select data low-wage private-sector employment in order of importance:
~ Accommodation and food services ($16,246)
ƒ Year-over-year: wages up 1.86 percent; employment up .95 percent
ƒ Percent of 2009 private employment: 7.44 percent
~ Administrative and waste services ($27,618)
ƒ Year-over-year: wages down 9.16 percent; employment down 8.21 percent
ƒ Percent of 2009 private employment: 5.34 percent
~ Arts, entertainment and recreation ($27,703)
ƒ Year-over-year: wages up 3.09 percent; employment down 5.24 percent
ƒ Percent of 2009 private employment: 3.70 percent
~ Agriculture, forestry, fishing and hunting ($27,903)
ƒ Year-over-year: wages down 18.94 percent; employment down 21.05 percent
ƒ Percent of 2009 private employment: .22 percent
Wage spread: the average yearly wage in the low-wage sectors at $22,575 was 52.90
percent of the average private-sector wage and 36.71 percent of the average wage in the
High-wage sectors ($61,500)
Select data for the education and health super-sector
~ Largest private-sector employer in the county at 25.97 percent of total private
employment (5,216)
ƒ Educational services (765) up .66 percent
ƒ Health care and social assistance (4,451) up 5.13 percent
~ Average yearly wage in the super-sector $43,245
ƒ Educational services $36,021 down 1.43 percent relative to 2008
ƒ Health care and social assistance $47,665 up 2.03 percent relative to 2008
• Highest wages: Ambulatory health services ($73,062)
• Lowest wages: Social assistance sub-sector ($28,014)
Select data for the trade, transportation and utilities super-sector
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~ Second-largest private-sector employer in the county at 18.74 percent of total private
employment (3,763 persons), down (159) compared to 2008
ƒ Retail trade (2,649) down 4.16 percent
ƒ Wholesale trade (842) down 1.17 percent
ƒ Transportation and warehousing (272) down 11.11 percent
ƒ Utilities: not available
~ Average yearly wage in the super-sector ( $36,868)
ƒ Retail trade ($28,544) up .30 percent
ƒ Wholesale trade ($53,303) up 1.37 percent
ƒ Transportation and warehousing ($59,892) up 19.97 percent
ƒ Utilities: not available
Select data professional and business services super-sector
~ Third-largest private-sector employer in the county at 11.00 percent of total private
employment (2,207), down (180) compared to 2008
ƒ Professional and technical services (1,134) down 6.90 percent
ƒ Management of companies and enterprises: not available
ƒ Administration and waste services (1,073) down 8.21 percent
~ Average yearly wage in the super-sector ($41,052)
ƒ Professional and technical services ($54,596) down .25 percent
ƒ Management of companies and enterprises: not available
ƒ Administration and waste services ($27,618) down 9.16 percent
Rockland County
In the year 2009, employment in Rockland County at 111,811 represented 12.98 percent of
total employment in the Hudson Valley and 1.34 percent of all-industry employment in New
York State. Average all-industry wages at $48,384 were 93.49 percent of the average all-industry
wages in the Hudson Valley ($51,752) and 83.71 percent of average all-industry wages in New
York State ($57,794). Average private-sector wages at $46,952 were 86.46 percent of average
public-sector wages ($54,308) and 86.13 percent of local-government wages ($54,513).
Employment in the local-government sector accounted for 13.98 percent of all employment in
2009; 80.53 percent of all employment was in the private sector.
ƒ Government sector accounted for 19.47 percent of total employment
ƒ Private-sector employment is dominated by four super-sectors: education and health
services; trade, transportation and utilities; professional and technical services and
manufacturing
ƒ Important sub-sectors:
~ Health care and social assistance (20.80 percent)
~ Retail trade ((14.63 percent)
Page 16 of 24
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High-wage industries accounted for 21.68 percent of total private employment in 2009
compared to 21.70 percent in 2008
Select data high-wage private-sector employment from highest to lowest:
~ Management of companies and enterprises ($95,607)
ƒ Year-over-year: wages down 26.18 percent; employment up 14.65 percent
ƒ Percent of 2009 private employment: 1.09 percent
~ Utilities ($90,705)
ƒ Year-over-year: wages down 4.16 percent; employment up 7.21 percent
ƒ Percent of 2009 private employment: 1.19 percent
~ Information ($78,696)
ƒ Year-over-year: wages up 2.15 percent; employment down 4.99 percent
ƒ Percent of 2009 private employment: 2.81 percent
~ Manufacturing ($74,883)
ƒ Year-over-year: wages down 1.21 percent; employment down 5.58 percent
ƒ Percent of 2009 private employment: 11.61 percent
~ Wholesale trade ($71,587)
ƒ Year-over-year: wages up 4.78 percent; employment down 6.65 percent
ƒ Percent of 2009 private employment: 4.99 percent
Low-wage industries accounted for 28.83 percent of total private employment in 2009, up
from 28.73 percent in 2008
Select data low-wage private-sector employment in order of importance:
~ Accommodation and food services ($18,748)
ƒ Year-over-year: wages down 3.16 percent; employment down .21 percent
ƒ Percent of 2009 private employment: 7.52 percent
~ Retail trade ($27,771)
ƒ Year-over-year: wages down .23 percent; employment down 7.23 percent
ƒ Percent of 2009 private employment: 14.63 percent
~ Other services ($24,284)
ƒ Year-over-year: wages up 2.56 percent; employment down 1.56 percent
ƒ Percent of 2009 private employment: 5.13 percent
~ Arts, entertainment and recreation ($24,505)
ƒ Year-over-year: wages down .96 percent; employment up 1.68 percent
ƒ Percent of 2009 private employment: 1.55 percent
Wage spread: the average yearly wage in the low-wage sectors at $24,621 was 52.44
percent of the average private-sector wage and 32.17 percent of the average wage in the
High-wage sectors ($76,524)
Select data for the education and health super-sector
~ Largest private-sector employer in the county at 24.43 percent of private employment
(21,201)
ƒ Educational services (3,277) down 2.12 percent
ƒ Health care and social assistance (18,724) up .67 percent
Page 17 of 24
~ Average yearly wage in the super-sector ($41,260)
ƒ Educational services $28,174 down 36.58 percent relative to 2008
ƒ Health care and social assistance $43,550 down 4.18 percent relative to 2008
• Highest wages: hospitals ($57,589)
• Followed by: ambulatory health services ($54,895)
• Lowest wages: social assistance sub-sector ($25,807)
ƒ Select data for the trade, transportation and utilities super-sector
~ Second-largest private-sector employer in the county at 23.53 percent of private
employment (21,182 persons), down (1,248) compared to 2008
ƒ Retail trade (13,172) down 7.23 percent
ƒ Wholesale trade (4,493) down 6.65 percent
ƒ Transportation and warehousing (2,447) up 1.07 percent
ƒ Utilities (1,070) up 7.21 percent
~ Average yearly wage in the super-sector ($41,235)
ƒ Retail trade ($27,771) down .23 percent
ƒ Wholesale trade ($71,587) up 4.78 percent
ƒ Transportation and warehousing ($36,353) up 3.64 percent
ƒ Utilities ($90,705) down 4.16 percent
ƒ Select data professional and business services super-sector
~ Third-largest private-sector employer in the county at 12.38 percent of private
employment (11,145), down (754) compared to 2008
ƒ Professional and technical services (5,358) down 8.57 percent
ƒ Management of companies and enterprises (978) up 14.65 percent
ƒ Administration and waste services (4,809) down 7.27 percent
~ Average yearly wage in the super-sector ($57,068)
ƒ Professional and technical services ($69,806) down 7.94 percent
ƒ Management of companies and enterprises ($95,607) down 26.18 percent
ƒ Administration and waste services ($35,308) down .55 percent
Sullivan County
In the year 2009, employment in Sullivan County at 25,172 represented 2.92 percent of
total employment in the Hudson Valley and 0.30 percent of all-industry employment in New
York State. Average all-industry wages at $35,412 were 68.43 percent of the average all-industry
wages in the Hudson Valley ($51,752) and 61.28 percent of average all-industry wages in New
York State ($57,794). Average private-sector wages ($31,413) were 66.26 percent of average
public-sector wages ($47,410) and 69.67 percent of local-government wages ($45,087). Localgovernment employment accounted for 19.55 percent of all employment in 2009; 75.00 percent
of all employment was in the private sector.
Page 18 of 24
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Government sector accounted for 25.00 percent of total employment
Private-sector employment is dominated by three super-sectors: education and health
services, trade, transportation and utilities, and leisure and hospitality
Important sub-sectors:
~ Health care and social assistance (27.45 percent)
~ Retail trade (16.71 percent)
High-wage industries accounted for 7.63 percent of total private employment in 2009
compared to 7.81 percent in 2008
Select data high-wage private-sector employment from highest to lowest:
~ Finance and insurance ($63,154)
ƒ Year-over year: wages down 1.25 percent; employment down 3.62 percent
ƒ Percent of 2009 private employment: 4.51 percent
~ Mining ($56,783)
ƒ Year-over-year: wages up 9.12 percent; employment down 11.94 percent
ƒ Percent of 2009 private employment: .63 percent
~ Management of companies and enterprises sector ($48,671)
ƒ Year-over-year: wages up 5.19 percent; employment down 4.18 percent
ƒ Percent of 2009 private employment: 1.46 percent
~ Information sector ($43,083)
ƒ Year-over-year: wages up 11.27 percent; employment down 10.55 percent
ƒ Percent of 2009 private employment: 1.03 percent
Low-wage industries accounted for 19.12 percent of all private employment in 2009, up
from 18.71 percent in 2008
Select data low-wage private-sector employment in order of importance:
~ Accommodation and food services ($17,122)
ƒ Year-over year: wages down 1.07 percent; employment up .23 percent
ƒ Percent of 2009 private employment: 11.71 percent
~ Educational services sector ($17,182)
ƒ Year-over year: wages down 1.96 percent; employment up .59 percent
ƒ Percent of 2009 private employment: .90 percent
~ Other services sector ($20,228)
ƒ Year-over-year: wages up 4.20 percent; employment down 3.53 percent
ƒ Percent of 2009 private employment: 6.51 percent
Wage spread: the average yearly wage in the low-wage sectors at $18,182 was 57.90 percent
of the average private-sector wage and 31.82 percent of the average wage in the High-wage
sectors ($57,148)
Select data for the education and health super-sector
~ Largest private-sector employer in the county at 28.35 percent of total private
employment (5,352)
ƒ Educational services (170) up .59 percent
Page 19 of 24
ƒ Health care and social assistance (5,182) up 3.29 percent
~ Average yearly wage in the super-sector ($36,167)
ƒ Educational services $17,182 down 1.96 percent relative to 2008
ƒ Health care and social assistance $36,790 up 4.30 percent relative to 2008
• Highest wages: ambulatory health services ($46,295)
• Lowest wages: social assistance sub-sector ($23,494)
ƒ Select data for the trade, transportation and utilities super-sector
~ Second-largest private-sector employer in the county at 22.30 percent of total private
employment (4,210)
ƒ Retail trade (3,155) down 2.68 percent
ƒ Wholesale trade (535) down 13.71 percent
ƒ Transportation and warehousing (520) up 1.96 percent
ƒ Utilities (information not available)
~ Average yearly wage in the super-sector ( $27,503)
ƒ Retail trade ($25,918) up 5.24 percent
ƒ Wholesale trade ($39,644) down 1.05 percent
ƒ Transportation and warehousing ($24,806) up 3.45 percent
ƒ Select data leisure and hospitality super-sector
~ Third-largest private-sector employer in the county at 14.86 percent of total private
employment (2,805), down .18 percent compared to 2008
ƒ Arts, entertainment and recreation (595) down 1.65 percent
ƒ Accommodation and food services (2,210) down .23 percent
~ Average yearly wage in the super-sector ($18,731)
ƒ Arts, entertainment and recreation ($24,708) up 7.46 percent
ƒ Accommodation and food services ($17,122) down 1.07 percent
Ulster County
In the year 2009, employment in Ulster County at 58,516 represented 6.80 percent of
total employment in the Hudson Valley and 0.70 percent of all industry employment in New
York State. Average all-industry wages at $36,388 were 70.30 percent of the average all-industry
wages in the Hudson Valley ($51,752) and 62.96 percent of average all-industry wages in New
York State ($57,794). Average private sector wages at $31,963 were 63.73 percent of average
public-sector wages ($50,155) and 67.83 percent of local-government wages ($47,125). Localgovernment employment accounted for 16.67 percent of all employment in 2009; 75.68 percent of
all employment was in the private sector.
ƒ Government sector accounted for 24.32 percent of total employment
ƒ Private-sector employment is dominated by three super-sectors: trade, transportation
and utilities; education and health services; and leisure and hospitality
Page 20 of 24
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Important sub-sectors:
~ Health care and social assistance (19.39 percent)
~ Retail trade (20.26 percent)
~ Manufacturing (8.08 percent)
~ Accommodation and food services (13.36 percent)
High-wage industries accounted for 16.02 percent of total private employment in 2009
compared to 16.69 percent in 2008
Select data high-wage private-sector employment from highest to lowest:
~ Management of companies and enterprises ($63,858)
ƒ Year-over-year: wages up 6.33 percent; employment up 1.42 percent
ƒ Percent of 2009 private employment: .97 percent
~ Mining ($54,875)
ƒ Year-over-year: wages up 9.75 percent; employment down 15.50 percent
ƒ Percent of 2009 private employment: .25 percent
~ Finance and insurance ($48,715)
ƒ Year-over-year: wages up 3.93 percent; employment down 4.70 percent
ƒ Percent of 2009 private employment: 3.94 percent
~ Wholesale trade ($45,983)
ƒ Year-over year: wages up 3.81 percent; employment down 7.80 percent
ƒ Percent of 2009 private employment: 2.78 percent
~ Manufacturing ($43,004)
ƒ Year-over-year: wages down 5.29 percent; employment down 10.68 percent
ƒ Percent of 2009 private employment: 8.08 percent
Low-wage industries accounted for 39.34 percent of total private employment in 2009, up
from 41.55 percent in 2008
Select data low-wage private-sector employment in order of importance:
~ Accommodation and food services ($16,297)
ƒ Year-over-year: wages down 1.07 percent; employment down 5.55 percent
ƒ Percent of 2009 private employment: 13.36 percent
~ Retail trade ($25,846)
ƒ Year-over-year: wages up 1.18 percent; employment down 3.53 percent
ƒ Percent of 2009 private employment: 20.26 percent
~ Other services ($23,392)
ƒ Year-over-year: wages down 9.69 percent; employment down 2.45 percent
ƒ Percent of 2009 private employment: 4.49 percent
~ Arts, entertainment and recreation ($21,639)
ƒ Year-over-year: wages down .18 percent; employment down 6.86 percent
ƒ Percent of 2009 private employment: 1.23 percent
Wage spread: the average yearly wage in the low-wage sectors at $22,188 was 69.42 percent
of the average private-sector wage and 47.85 percent of the average wage in the High-wage
sectors ($46,371)
Page 21 of 24
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Select data for the trade, transportation and utilities super-sector
~ Largest private-sector employer in the county at 26.49 percent of total private
employment (11,722), down (453) compared to 2008
ƒ Retail trade (8,972) down 3.53 percent
ƒ Wholesale trade (1,229) down 7.80 percent
ƒ Transportation and warehousing (1,521) down 1.36 percent
~ Average yearly wage in the super-sector ($28,400)
ƒ Retail trade ($25,846) up 1.18 percent
ƒ Wholesale trade ($45,983) up 3.81 percent
ƒ Transportation and warehousing ($29,265) up 4.27 percent
ƒ Select data for the education and health super-sector
~ Second-largest private-sector employer in the county at 21.20 percent of total
employment (9,387 persons), up (66) compared to 2008
ƒ Educational services (802) no change
ƒ Health care and social assistance(8,585) up .77 percent
~ Average yearly wage in the super-sector ($34,805)
ƒ Educational services $25,330 up 1.22 percent relative to 2008
ƒ Health care and social assistance $35,686 up 2.41 percent relative to 2008
• Highest wages: hospitals ($42,352)
• Followed by: ambulatory health services ($41,100)
• Lowest wages: social assistance sub-sector ($23,387)
ƒ Select data leisure and hospitality super-sector
~ Third-largest private-sector employer in the county at 15.00 percent of total
employment (6,637), down (401) compared to 2008
ƒ Arts, entertainment and recreation (720) down 6.86 percent
ƒ Accommodation and food services (5917) down 5.55 percent
~ Average yearly wage in the super-sector ($16,877)
ƒ Arts, entertainment and recreation ($21,639) down .18 percent
ƒ Accommodation and food services down ($16,297), wages down 1.07 percent
Westchester County
In the year 2009, employment in Westchester County at 401,604 accounted for 46.64
percent of total employment in the Hudson Valley and 4.82 percent of all employment in New
York State. Average annual wages (AAW) at $61,435 were 118.71 percent of the AAW in the
Hudson Valley ($51,752) and 105.30 percent of the AAW in New York State ($57,794). The
AAW in the private sector ($60,419) were 93.35 percent of the AAW in the public sector
($64,726) and 87.72 percent of the AWW in the local-government sector ($68,960).
Employment in the local-government sector accounted for 13.35 percent of all employment in
2009; 83.90 percent of all employment was in the private sector.
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Government sector accounted for 16.10 percent of total employment
Private-sector employment is dominated by three super-sectors: education and health
services; trade, transportation and utilities; and professional and business services
Important sub-sectors:
~ Health care and social assistance (19.12 percent)
~ Retail trade (13.76 percent)
~ Professional and technical services (7.26 percent)
~ Accommodation and food services (6.94 percent)
High-wage industries accounted for 20.94 percent of total private employment in 2009
compared to 21.22 percent in 2008
Select data high-wage private-sector employment from highest to lowest:
~ Management of companies and enterprises ($186,716)
ƒ Year-over-year: wages down 5.86 percent; employment down 3.42 percent
ƒ Percent of 2009 private employment: 2.72 percent
~ Finance and insurance ($126,223)
ƒ Year-over-year: wages down 10.12 percent; employment down 8.88 percent
ƒ Percent of 2009 private employment 5.41 percent
~ Utilities ($103,951)
ƒ Year-over-year: wages down 1.93 percent; employment up 2.24 percent
ƒ Percent of 2009 private employment: .94 percent
~ Manufacturing ($94,968)
ƒ Year-over-year: wages down 3.42 percent; employment down 12.85 percent
ƒ Percent of 2009 private employment: 4.62 percent
~ Professional and technical services ($91,600)
ƒ Year-over-year: wages up 2.12 percent; employment down 2.79 percent
ƒ Percent of 2009 private employment: 7.26 percent
Low-wage industries accounted for 29.00 percent of total private employment in 2009, up
from 28.62 percent in 2008
Select data low-wage private-sector employment in order of importance:
~ Accommodation and food services ($22,513)
ƒ Year-over-year: wages down .36 percent; employment up .16 percent
ƒ Percent of 2009 private employment: 6.94 percent
~ Retail trade ($31,461)
ƒ Year-over-year: wages down .68 percent; employment down 5.84 percent
ƒ Percent of 2009 private employment: 13.76 percent
~ Other services ($32,786)
ƒ Year-over-year: wages up 3.61 percent; employment down 4.71 percent
ƒ Percent of 2009 private employment: 5.69 percent
~ Arts, entertainment and recreation ($33,157)
ƒ Year-over-year: wages down 2.59 percent; employment down 5.15 percent
ƒ Percent of 2009 private employment: 2.61 percent
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Wage spread: the average yearly wage in the low-wage sectors at $29,731 was 49.21 percent
of the average private-sector wage and 26.01 percent of the average wage in the High-wage
sectors ($113,970)
ƒ Select data for the education and health super-sector
~ Largest private-sector employer in the county at 19.10 percent of total employment
(79,691) and 23.66 percent of private employment
ƒ Educational services (15,282) up 4.54 percent
ƒ Health care and social assistance (64,409) down .51 percent
~ Average yearly wage in the super-sector ($48,292)
ƒ Educational services $45,178 up 1.02 percent relative to 2008
ƒ Health care and social assistance $49,031 up 2.64 percent relative to 2008
• Highest wages: ambulatory health services ($62,037)
• Followed by: hospitals ($55,905)
• Lowest wages: social assistance sub-sector ($27,516)
ƒ Select data for the trade, transportation and utilities super-sector
~ Second-largest private-sector employer in the county at 18.59 percent of total
employment (74,691 persons) and 22.17 percent of total private employment, down
(4,879) compared to 2008
ƒ Retail trade (46,369) down 5.84 percent
ƒ Wholesale trade (14,983) down 8.48 percent
ƒ Transportation and warehousing (10,186) down 6.28 percent
ƒ Utilities (3,153) up 2.24 percent
~ Average yearly wage in the super-sector ( $47,336)
ƒ Retail trade ($31,461) down .68 percent
ƒ Wholesale trade ($85,402) down 2.22 percent
ƒ Transportation and warehousing ($46,082) down 5.92 percent
ƒ Utilities ($103,951) down 1.93 percent
ƒ Select data professional and business services super-sector
~ Third-largest private-sector employer in the county at 15.67 percent of private
employment and 13.15 percent of total employment (52,798 persons), down (3,088)
compared to 2008
ƒ Professional and technical services (24,467) down 2.79 percent
ƒ Management of companies and enterprises (9,165) down 3.42 percent
ƒ Administration and waste services (19,166) down 9.71 percent
~ Average yearly wage in the super-sector ($89,580)
ƒ Professional and technical services ($91,600) up 2.12 percent
ƒ Management of companies and enterprises ($186,716) down 5.86 percent
ƒ Administration and waste services ($40,903) up .74 percent
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