SPECIAL REPORT
INCOME AND EMPLOYMENT
IN THE
HUDSON VALLEY
2010
MARIST COLLEGE
Dr. Christy Huebner Caridi
Bureau of Economic Research
School of Management
Poughkeepsie, New York 12601
Edited by Leslie Bates
June 2010
This report is available on the Bureau of Economic Research homepage at
http://www.marist.edu/management/bureau
The support of student research assistant Serena Bubenheim and student
interns Sam English and Kevin Peterson 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.
Hudson Valley
Year over year, total personal income (TPI) in the Hudson Valley edged up 2.85 percent (3.55
billion) from $124.47 billion in 2009 to $128.02 billion in 2010. Over the same period, TPI in the U.S.
advanced 3.67 percent while TPI in New York State (NYS) advanced 4.26 percent. Region-wide, Rockland
County posted the highest year-over-year increase at 3.76 percent followed by Dutchess County at 3.51
percent; Westchester County recorded the lowest increase at 2.47 percent. The statewide average was
3.80 percent and ranged from a high of 8.40 percent in Seneca County to a low of 1.60 percent in Tioga
County.
Since the near-term peak recorded in 2008, TPI in the Hudson Valley has fallen 2.64 percent while
TPI in the U.S. and NYS is down .79 percent and .71 percent, respectively. The primary cause for this
shortfall is continued weakness in the labor market in concert with historically low returns on financial
assets. The atypical advance in transfer payments has lessened this shortfall but is not a sustainable
solution. Of the seven counties that make up the Hudson Valley region, four counties—Dutchess,
Putnam, Rockland and Westchester—remain below the 2008 peak while Orange, Sullivan and Ulster
counties have edged above the 2008 peak. Statewide, the largest declines from peak have occurred in New
York County (Manhattan) and Westchester County at 5.81 percent and 4.60 percent, respectively,
followed by Nassau County (3.65 percent), Suffolk County (3.10 percent) and Putnam County (3.09
percent). The common denominator: all five counties have above-average wealth and strong dependence
on employment conditions in and around New York City in general and the financial sector in particular.
The largest and by far the most important component of TPI is earned income—wages, salaries
and benefits. Year over year, the earned income of Hudson Valley residents advanced 3.31 percent (2.67
billion) from $81.00 billion in 2009 to $83.67 billion in 2010 while earned income increased 3.05 percent
in the U.S and 4.61 percent in NYS. New York State outperformed the region (as well as the nation)
because income earned in the five counties of New York City (NYC)—which accounted for 45 percent
of all earned income in NYS in the year 2010—posted an above-average year-over-year increase of 6.17
percent. Region-wide, earned income advanced 4.02 percent in Rockland County, 3.44 percent in
Westchester County, 3.42 percent in Dutchess County, 2.89 percent in Orange County, 2.51 percent in
Putnam County, 2.03 percent in Ulster County and 1.98 percent in Sullivan County. Statewide, the
average year-over-year increase was 3.80 percent; the largest increase occurred in Seneca County at
11.08 percent; the lowest in Tioga County at .33 percent.
There are two sources of earned income: income earned by residents in their county of
residence and income earned outside their county of residence—commuter income. Of the 873,210
Hudson Valley residents who held a job in 2010, 45.11 percent (393,884) of these persons worked in
their county of residence, 13.37 percent (116,745) worked within the region and 41.52 percent (362,581)
worked outside the region. The most important source of intra-regional employment was NYC at 22.15
percent (193,423). Within the region, Dutchess and Sullivan residents are the least dependent on
employment outside their home counties at 49.00 percent each. Putnam residents are the most
dependent at 62.00 percent. Residents of Westchester and Rockland counties are the most dependent
on employment in NYC at 33.00 percent and 22.00 percent, respectively. Since 2008, the number of
Hudson Valley residents who work in NYC has increased 10.57 percent (18,493). Over the same two
year period, 7,300 households moved from NYC into the Hudson Valley region.
Year over year, unearned income—interest, dividends and rents—was little changed,
advancing .03 percent ($9.00 million) from $26.04 billion in 2009 to $26.05 billion in 2010. Over the
same period, unearned income increased 2.86 percent nationwide, 1.96 percent in New York State and
3.38 percent in NYC. Region-wide, Ulster County experienced the largest year-over-year increase at
2.21 percent followed by Dutchess, Orange and Putnam at 2.16 percent, 1.90 percent and 1.56 percent,
respectively. Unearned income increased 1.39 percent in Sullivan and 1.00 percent in Rockland and fell
.84 percent in Westchester. Statewide, the average increase was 2.55 percent and ranged from a high of
7.30 percent in Jefferson County to the already noted low of negative .84 percent in Westchester
County. The only other county in the state to post a year-over-year decline was Nassau County at .47
percent.
Across the Hudson Valley, transfer payments continued to advance, albeit at a slower pace
than in previous years. Year over year, transfer payments increased 4.95 percent from $17.43 billion in
2009 to $18.30 billion in 2010 while transfer payments in the U.S. and New York State advanced 6.67
percent and 5.08 percent, respectively. Year over year, Social Security and Medicare recorded the
smallest increase at 3.88 percent—Social Security advanced 3.21 percent; Medicare advanced 4.96
percent—while income maintenance, Medicaid and unemployment benefits advanced 13.17 percent,
4.52 percent and 11.13 percent, respectively. Region-wide, transfer payments posted a year-over-year
increase in Orange (5.59 percent) Rockland (5.50 percent), Ulster (5.29 percent), Dutchess (5.26
percent), Putnam (4.95 percent) and Westchester (4.40 percent). Statewide, the average year-overyear increase was 5.01 percent; the largest increase occurred in Cattaraugus County at 7.30 percent; the
lowest in Lewis County at 3.98 percent. Since 2007—the last full year before the Great Recession—
total transfer payments have increased 27.50 percent; income maintenance, Medicaid and
unemployment benefits have increased 44.78 percent, 20.27 percent, and 319.81 percent, respectively.
Overall, Sullivan County is the most dependent on transfer payments at 27.95 percent of TPI, followed
by Ulster County at 21.71 percent and Orange County at 18.93 percent. Westchester and Putnam
counties are the least dependent at 11.37 percent of TPI and 12.63 percent of TPI, respectively.
In the year 2010, employment in the Hudson Valley accounted for 10.28 percent of all jobs in New
York State compared to 10.33 percent in 2009. Year over year, the job count was little changed, falling .44
percent from 861,094 to 857,286 while the average annual all-industry wage grew 3.10 percent from
$51,752 to $53,379. Over the same period, the job count in New York State advanced less than one tenth
of one percent—from 8,334,679 to 8,341,310—and the average annual all-industry wage grew 4.30
percent from $57,794 to $60,263. Statewide employment growth ranged from a high of 3.32 percent in
Kings County (Brooklyn) to a negative 5.31 percent in Tioga County. Overall only nine counties
experienced job growth in excess of 1.0 percent. Region-wide, job growth was positive in both Orange
and Rockland counties at .51 percent and .16 percent, respectively, while the balance of the region
recorded negative job growth. Job losses ranged from negative .33 percent in Sullivan County to negative
1.18 percent in Dutchess County. Relative to the employment conditions that existed prior to the onset of
the Great Recession, the job count is down 2.97 percent in New York State and 4.00 percent in the
Hudson Valley region. Each county has experienced job losses since the pre-recession peak; the job count
is down 5.02 percent in Westchester County; 4.22 percent in Dutchess County; 3.66 percent in Ulster
County; 3.35 percent in Rockland County; 3.02 percent in Sullivan County; 2.36 percent in Putnam
County; and 1.68 percent in Orange County. Statewide, only three counties have moved above their
prerecession peak: Kings, Bronx and Jefferson; only two, Kings and Bronx, have experienced significant
job growth at 3.13 percent and 2.97 percent, respectively. In the year 2010, the average annual privatesector wage ($51,753) was 111.00 percent of the average annual private-sector wage in the U.S. ($46,455);
84.12 percent of the average annual private-sector wage in New York State ($61,523); and 85.56 percent
of the region’s average annual public-sector wage ($60,489). In the year 2010, private-sector wages in
Westchester County at $62,892 ranked second highest in the state; New York County (Manhattan) was
the highest ranked at $108,614. Rockland County at $49,014 ranked sixth, Dutchess County at $46,107
ranked ninth and Putnam County at $42,913 ranked 14th . Orange ($36,148), Ulster ($32,341) and Sullivan
($31,307) ranked 28th, 46th and 52th, respectively. Year over year, private-sector wages advanced 3.07
percent in the Hudson Valley compared to 4.49 percent in New York State. Within the region, wage
increases ranged from a high of 4.39 percent in Rockland County to a low of negative .34 percent in
Sullivan County. Statewide, the private-sector wage increased 2.30 percent on average.
In the year 2010, 81.00 percent of all jobs were in the private sector. As has been the trend,
private-sector employment was dominated by three super-sectors: education and health services; trade,
transportation and utilities; and professional and business services. Collectively these three industry
groups accounted for 61.70 percent (430,517) of the total private-sector job count in 2010. Year over year,
the number of jobs increased in both the education and health services sector (2.03 percent) and the
professional and business services sector (0.48 percent) and decreased in the trade, transportation and
utilities sector (0.67 percent). The average annual wage ranged from a high of $76,351 in the professional
and business services sector to a low of $40,765 in the trade, transportation and utilities sector.
Statewide, the average annual wage paid in the professional and business services sector was $78,601; the
average annual wage in the trade, transportation and utilities sector was $42,923.
The public sector accounted for 18.61 percent of all jobs in 2010, down from 18.76 percent in 2009.
Year over year, the job count fell from 161,508 in 2009 to 159,560 in 2010 while the average annual wage
advanced 3.54 percent from $58,419 to $60,489. Ulster County is the most dependent on public-sector
employment at 24.23 percent of all jobs; Westchester County is the least dependent at 18.93 percent of all
jobs. In the year 2010, 12.75 percent of all private-sector jobs were in high-wage industries—defined as
the top quintile—while 26.84 percent of all private-sector jobs were in low-wage industries—defined as
the bottom quintile. The average annual wage in the top quintile at $106,031 was 205 percent of the
average annual private-sector wage ($51,753) and almost four times the average annual wage in the
bottom quintile ($26,603). Year over year, employment in the top quintile fell 1.55 percent from 90,362 to
88,963 at the same time as employment in the bottom quintile advanced 2.01 percent from 183,584 to
187,279. Within the region, Dutchess County has the largest high-wage sector at 16.31 percent (14,353) of
all private-sector jobs—11,031 of these jobs were in manufacturing—followed by Westchester County at
13.43 percent (45,047) of all private-sector jobs. The counties with the largest low-wage sectors were
Orange and Westchester at 32.65 percent and 29.59 percent, respectively.
Total Personal Income 2010
Year over year, total personal income (TPI)1 in the Hudson Valley advanced 3.55 billion (2.85
percent) from $124.47 billion in 20092 to $128.02 billion in 2010, but remained $3.48 billion (2.64 percent)
below the near-term peak recorded in 2008 at $131.5 billion. The year-over-year change in TPI is explained
by a $2.68 billion (3.31 percent) increase in net wages, salaries and benefits—earned income—a $9.00
Total Personal Income: Year 2010
Source: BEA
(number in 1000’s)
Net Wages,
Salaries and
Benefits
Interest,
Dividends and
Rents
Transfer
Payments
Total Personal
Income
(TPI)
Percent
Change
2009–2010
Percent
Change
2008–
2010
Dutchess
$8,729,261
$2,111,956
$2,178,832
$13,020,049
3.51%
-0.15%
Orange
$9,704,714
$1,924,631
$2,714,709
$14,344,054
3.26%
1.16%
Putnam
$3,760,121
$794,118
$658,368
$5,212,607
2.66%
-3.09%
Rockland
$11,112,744
$2,578,131
$2,569,553
$16,260,428
3.76%
-1.15%
Sullivan
$1,556,064
$440,178
$774,418
$2,770,660
2.72%
1.43%
Ulster
$4,121,721
$1,269,939
$1,495,142
$6,886,802
2.76%
0.80%
Westchester
$44,683,646
$16,933,372
$7,905,024
$69,522,042
2.47%
-4.60%
Hudson Valley
$83,668,271
$26,052,325
$18,296,046
$128,016,642
2.85%
-2.64%
NYS
$608,078,423
$153,467,648
$180,976,720
$942,522,791
4.26%
-0.71%
U.S.
$8,001,892,000
$2,070,501,000
$2,281,184,000
$12,353,577,000
3.67%
-0.79%
million (.03 percent) increase in interest, dividends and rents—unearned income—and an $863.00 million
(4.95 percent) increase in transfer payments. Over the same period, TPI in New York State advanced 4.26
percent; nationwide TPI advanced 3.67 percent.
Net Wages, Salaries and Benefits (earned income)
Earned income is the largest component of TPI at 65.36 percent of all income and is the
most important indicator of the health of the household sector. Year over year, earned income in
the Hudson Valley advanced 2.67 billion (3.31 percent) from $81.00 billion in 2009 to $83.67 billion in
2010, but remained $2.63 billion (3.05 percent) below the near-term peak recorded in 2008 at $86.30
billion.
Income paid by Hudson Valley employers—to both residents and nonresidents—posted a
year-over-year increase of $2.10 billion (3.58 percent), advancing from $59.9 billion in 2009 to 62.10
billion in 2010, while commuter income—income earned outside the Hudson Valley region—advanced
$536.7 million (2.55 percent) from $2.11 billion to $2.16 billion. Over the period, the total job count in
1
Total personal income is the sum of net wages, salaries and benefits, income on real and financial assets and transfer payments. It is the most
inclusive definition of regional income.
2
In April of 2012, the Bureau of Economic Analysis released revised income numbers.
Page 1 of 22
the Hudson Valley fell .44 percent (3,808) from 861,094 jobs in 2009 to 857,286 jobs in 2010 at the same
time as the average number of jobs held by Hudson Valley residents declined 1.04 percent (11,100) from
1,058,683 to 1,047,583.
Earned Income: Year 2010
Source: BEA
(numbers in 1000’s)
2008
2009
Percent
Change
2009–2010
2010
Percent
Change
2008–2010
Dutchess
$8,686,119
$8,440,925
$8,729,261
3.42%
0.50%
Orange
$9,612,279
$9,431,668
$9,704,714
2.89%
0.96%
Putnam
$3,878,316
$3,668,157
$3,760,121
2.51%
-3.05%
Rockland
$10,963,802
$10,683,145
$11,112,744
4.02%
1.36%
Sullivan
$1,555,173
$1,525,879
$1,556,064
1.98%
0.06%
Ulster
$4,119,946
$4,039,571
$4,121,721
2.03%
0.04%
$47,485,595
$86,301,230
$611,768,236
$43,199,126
$80,988,471
$581,278,422
$44,683,646
$83,668,271
$608,078,423
3.44%
3.31%
4.61%
-5.90%
-3.05%
-0.60%
$8,176,359,000
$7,765,346,000
$8,001,892,000
3.05%
-2.13%
Westchester
Hudson Valley
NYS
U.S.
Within the region, Rockland County witnessed the largest increase in earned income at 4.02
percent, followed by Westchester County at 3.44 percent and Dutchess County at 3.42 percent.
Nationwide, earned income increased 3.05 percent while earned income in New York State advanced
4.61 percent. New York State outperformed the region (as well as the nation) because income earned in
New York City—which accounted for 45 percent of all earned income in New York State—posted an
above average year-over-year increase of 6.17 percent. The largest single increase occurred in New York
County (Manhattan) at 7.99 percent.
Where Hudson Valley Residents are Employed (2010)
As noted above, the two sources of
earned income are income earned by Hudson
Valley residents in their county of residence
and income earned outside their county of
residence—commuter income. Of the 873,210
primary jobs held by Hudson Valley residents
in 2010, 45.11 percent (393,884) of these jobs
were in their county of residence, 13.37
percent (116,745) where inter-regional and
41.52 percent (362,581) were intra-regional—
outside the Hudson Valley region. The most
important source of intra-regional
employment was New York City (NYC) at
22.15 percent (193,423) of all primary jobs.
Long Island
NY, 31,278,
4%
Bergen County
NJ, 21,386,
2%
Primary Jobs Held by Hudson Valley Residents
by Place of Employment 2010 Data Source: LED
All other,
95,773, 11%
Fairfield
County, CT,
20,721, 2%
New York
City, NY,
193,423, 22%
Hudson
Valley,
510,629, 59%
Page 2 of 22
Within the region, Dutchess and Sullivan counties are the least dependent on employment outside
their home counties at 49.00 percent of all primary jobs each. Putnam County is the most dependent at
62.00 percent of all primary jobs. Westchester and Rockland counties are the most dependent on
employment in NYC at 33.00 percent and 22.00 percent of all primary jobs, respectively. Since 2008,
the number of Hudson Valley residents who work in NYC has increased 10.57 percent (18,493). Over
the same two-year period, 7,300 households moved from NYC into the Hudson Valley region
Interest, Dividends and Rents
—Unearned Income—
Year over year, interest, dividends and rents advanced $9.00 million (.03 percent) from $26.04
billion in 2009 to $26.05 billion in 2010, but remained $3.71 billion (12.47 percent) below the near-term
peak recorded in 2008.
Region-wide,
Unearned Income 2008–2010
Ulster County
(number are in 1000’s)
experienced the
Source: BEA
largest year-over-year
Percent
Percent
Change
Change
increase in unearned
2009–
2008–
income at 2.21 percent
2008
2009
2010
2010
2010
followed by Dutchess,
Dutchess
$2,537,417
$2,067,299
$2,111,956
2.16%
-16.77%
Orange and Putnam at
Orange
$2,344,747
$1,888,790
$1,924,631
1.90%
-17.92%
2.16 percent, 1.90
Putnam
$951,027
$781,924
$794,118
1.56%
-16.50%
percent and 1.56
Rockland
$3,347,417
$2,552,498
$2,578,131
1.00%
-22.98%
percent, respectively.
Sullivan
$522,437
$434,162
$440,178
1.39%
-15.75%
Unearned income
Ulster
$1,465,804
$1,242,474
$1,269,939
2.21%
-13.36%
increased 1.39 percent
Westchester
$18,594,914
$17,076,185
$16,933,372
-0.84%
-8.94%
in Sullivan, and 1.00
percent in Rockland
Hudson Valley
$29,763,763
$26,043,332
$26,052,325
0.03%
-12.47%
and fell .84 percent in
NYS
$184,489,770
$150,516,786
$153,467,648
1.96%
-16.82%
Westchester. The
U.S.
$2,396,098,000
$2,012,915,000
$2,070,501,000
2.86%
-13.59%
only other county in the state to post a year-over-year decline was Nassau County at .47
percent. Nationwide, unearned income advanced 2.86 percent; statewide, 1.96 percent.
Transfer Payments 2010
Region-wide, transfer payments accounted
for 14.29 percent of TPI in 2010.
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 4.95 percent from $17.43 billion in 2009 to $18.30 billion in 2010
compared to a 5.08 percent increase in New York State and a 6.67 percent increase in the U.S. Over the
Page 3 of 22
period, per-capita transfer payments advanced 4.40 percent from $7,640 in 2009 to $7,976 in 2010. This
increase is explained by the 4.72 percent increase in payments in tandem with a year-over-year
population increase of 0.53 percent. Nationwide, per-capita transfer payments were $7,364; in New York
State, $9,311.
Transfer Payments: Year 2010
( number in 1000’s)
Source: BEA
Dutchess
Orange
Putnam
Rockland
Sullivan
Ulster
Westchester
HV
Social Security
$836,057
$870,681
$275,333
$835,032
$227,132
$536,578
$2,696,227
$6,277,040
Medicare benefits
$438,079
$517,787
$160,665
$582,891
$158,706
$291,279
$1,885,949
$4,035,356
Medicaid (other)
$444,669
$670,793
$113,916
$659,651
$222,131
$347,980
$1,835,912
$4,295,052
Income maintenance
$165,576
$288,485
$22,962
$210,064
$86,265
$142,376
$615,449
$1,531,177
Unemployment
$127,064
$165,906
$41,835
$121,584
$35,984
$81,495
$391,440
$965,308
Veterans
$40,554
$53,785
$8,272
$23,415
$11,584
$25,809
$73,392
$236,811
Education and training
$54,960
$57,576
$10,983
$62,689
$13,235
$25,255
$178,394
$403,092
Other
$71,873
$89,696
$24,402
$74,227
$19,381
$44,370
$228,261
$552,210
Total
$2,178,832
$2,714,709
$658,368
$2,569,553
$774,418
$1,495,142
$7,905,024
$18,296,046
$7,318
$7,267
$6,602
$8,222
$9,996
$8,194
$8,319
$7,976
Per-capita
Taken as a whole, the largest components of total transfer payments are Social Security and
Medicare at 56.40 percent of all transfers, followed by Medicaid at 22.06 percent, income maintenance at
8.37 percent and unemployment insurance at 5.28 percent. Year over year, Social Security and Medicare
recorded the smallest advancement at 3.88 percent—Social Security advanced 3.21 percent; Medicare
advanced 4.96 percent—while income maintenance, Medicaid and unemployment benefits advanced
Year-over-Year Change in Transfer Payments ( 2009–2010)
Source: BEA
Dutchess
Orange
Putnam
Rockland
Social Security
3.53%
3.95%
5.08%
3.23%
Medicare benefits
5.00%
4.98%
4.89%
Medicaid (other)
4.50%
4.52%
Income maintenance
16.18%
Unemployment insurance
10.65%
Veterans
Education and training
Other
Total Transfer Payments
Sullivan
Ulster
Westchester
HV
2.54%
3.90%
2.60%
3.21%
4.91%
5.00%
5.10%
4.93%
4.96%
4.52%
4.51%
4.51%
4.44%
4.54%
4.52%
13.98%
11.12%
17.69%
14.95%
13.15%
10.43%
13.17%
14.21%
10.35%
11.05%
12.97%
13.61%
9.48%
11.13%
16.80%
8.32%
6.63%
6.65%
6.88%
15.97%
10.10%
10.74%
19.54%
12.51%
9.98%
33.33%
12.47%
14.22%
16.63%
18.21%
-11.89%
-9.58%
-8.91%
-10.47%
-13.95%
-13.64%
-10.99%
-11.05%
5.26%
5.59%
4.95%
5.50%
5.05%
5.29%
4.40%
4.95%
13.17 percent, 4.52 percent and 11.13 percent, respectively. Since 2007—the last full year before the Great
Recession—income maintenance, Medicaid and unemployment benefits have increased 44.78 percent,
20.27 percent, and 319.81 percent, respectively. Overall, Sullivan County is the most dependent on
Page 4 of 22
transfer payments at 27.95 percent of TPI, followed by Ulster County at 21.71 percent and Orange County
at 18.93 percent. Westchester and Putnam counties are the least dependent on transfer payments at 11.37
percent of TPI and 12.63 percent of TPI, respectively. Year over year, Putnam County witnessed the
largest
relative increase in Social Security payments and the lowest relative increase in Medicare at 5.08 percent
and 4.89 percent, respectively. Westchester County witnessed the lowest relative increase in income
maintenance payments at 10.43 percent. Rockland County witnessed the largest relative increase in
income maintenance payments at 17.69 percent followed by Dutchess County at 16.18 and Sullivan
County at 14.95 percent.
Per-Capita TPI 2010
Hudson
Valley
Westchester
Ulster
Sullivan
Rockland
Putnam
Orange
Dutchess
NYS
U.S.
Year over year, per-capita income in the Hudson Valley advanced 2.32 percent from $54,548 in
2009 to $55,811 in 2010. This increase is explained by a 2.85 percent increase in TPI coupled with a .53
percent increase in
Per-Capita Income 2010
population. Over the
$73,159
Source: BEA
same one-year period,
per-capita income in the
$55,811
$52,273 $52,030
$48,596
U.S. and New York
$43,730
$39,937
State advanced 2.82
$38,399
$35,764 $37,741
percent and 3.78
percent, respectively.
Within the
region, the per-capita
income in Westchester
($73,159), Putnam
($52,273) and Rockland
($52,030) exceeded the
per-capita income of both the U.S. ($39,937) and New York State ($48,596). The per-capita income in
Dutchess County ($43,730) was above the U.S. per-capita income but fell short of the per-capita income
in New York State. Per-capita incomes across the remaining Hudson Valley counties were below both
the national and state per-capita incomes.
Page 5 of 22
Page 6 of 22
Hudson Valley Employment
In the year 2010, employment in the Hudson Valley accounted for 10.28 percent of all jobs in New York
State compared to 10.33 percent of all jobs in 2009. Year over year, the job count fell from 861,094 in 2009
to 857,286 in 2010 while the average annual (all-industry) wage increased 3.10 percent from $51,752 to
$53,379.Over the same period, the job count in New York State advanced—from 8,334,679 to 8,341,310—
and the average annual (all-industry) wage increased 4.30 percent from $57,794 to $60,2631. Overall, the
region’s average annual private-sector wage ($51,753) was 111.00 percent of the average annual privatesector wage in the U.S. ($46,455), 84.12 percent of the average annual private-sector wage in New York
State ($61,523) and 85.56 percent of the region’s average annual public-sector wage ($60,489).
The private sector accounted for 81.39 percent of all jobs in 2010 and was dominated by three supersectors: education and health
Dominant private-sector employers 2010, average wages and percent of
services; trade, transportation
total private-sector job count
Data: QCEW New York State Department of Labor
and utilities; and professional and $100,000
business services. Collectively
these three super-sectors
$80,000
accounted for 61.70 percent
Trade,
Education and
Transportation
(430,517) of the total privateHealth Services,
Professional and
and Utilities,
$60,000
$44,502, 24.47%
Business
sector job count in 2010. Year
$40,765, 24.08%
Services,
over year, the number of jobs
$76,351, 13.16%
$40,000
increased in both the education
and health services sector (2.03
$20,000
percent) and the professional and
business services sector (0.48
percent) and decreased in the trade, transportation and utilities sector (0.67 percent). The average
annual wage ranged from a high of $76,351 in the professional and business services sector to a low of
$40,765 in the trade,
High-wage industries 2010, average wages and percent of
transportation and utilities
total private-sector job count
Data:
QCEW
New York State Department of Labor
sector.
$210,000
$190,000
The public sector accounted for
18.61 percent of all jobs in 2010,
down from 18.76 percent in 2009.
Year over year, the job count fell
from 161,508 in 2009 to 159,560 in
2010 while the average annual
wage advanced 3.54 percent from
$58,419 to $60,489.
$170,000
$150,000
$130,000
$110,000
$90,000
$70,000
$50,000
Management of
Companies and
Enterprises,
$177,609, 1.79%
Finance and
Insurance,
$109,633, 4.25%
Utilities,
$107,005, 0.83%
Top Quintile,
$106,031,
12.75%
Professional and
Technical
Services,
$81,456, 5.87%
1
Year over year, the all-industry wage in New York City advanced 5.50 percent. Forty percent of all jobs in New York State are located in New
York City.
Page 7 of 22
In the year 2010, 12.75 percent of all private-sector jobs were in high-wage industries—defined as the top
quintile—compared to 12.96 percent of all private-sector jobs in 2009. Year over year, the number of jobs
in the top quintile fell 1.55 percent from 90,362 in 2009 to 88,963 in 2010. The job count declined in all
high-wage industries including management of companies and enterprises (2.09 percent), finance and
insurance (2.49 percent), utilities (1.88 percent) and professional and business services (1.28 percent).
The average annual wage in the top quintile at $106,031 was just 205 percent of the average annual
private-sector wage ($51,753) and almost four times the average annual wage paid in the bottom quintile
($26,603).
In the year 2010, 26.84 percent of all private-sector jobs were in low-wage industries—defined as the
Low-wage industries 2010, average wages and
bottom quintile—compared to
percent of total private-sector job count
26.24 percent of all privateData: QCEW New York State Department of Labor
$31,000
sector jobs in 2009. Year over
$29,000
year, the number of jobs in the
$27,000
bottom quintile increased 2.01
Arts,
percent from 183,584 in 2009 to
$25,000
Retail Trade,
Entertainment
187,279 in 2010. The job count
$23,000
$28,538, 15.82%
and Recreation,
Agriculture,
increased in all low-wage
$27,671, 2.27%
$21,000
Forestry, Fishing
Bottom Quintile,
industries including
and Hunting,
$19,000
$26,603, 26.84%
$27,094, 0.46%
Accommodation
accommodation and food services $17,000
and Food Services,
$22,592, 8.30%
(4.11 percent), retail trade (1.19
$15,000
percent), arts, entertainment and
recreation (0.48 percent) and agriculture, forestry, fishing and hunting (2.22 percent). The average
annual wage in the bottom quintile at $26,603 was 51.40 percent of the average annual private-sector
wage and, as noted above, was 25.59 percent of the average annual wage in the top quintile.
Page 8 of 22
Dutchess County
In the year 2010, Dutchess County accounted for 12.85 percent of all jobs in the Hudson Valley
and 1.32 percent of all jobs in New York State. Year over year, the job count fell from 111,471 in
2009 to 110,145 in 2010 while the average annual (all-industry) wage increased from $47,241 to
$47,6762. Overall, the average annual private-sector wage ($46,107) was 89.10 percent of the
average annual private-sector wage in the Hudson Valley ($51,753), 74.94 percent of the average
annual private-sector wage in New York State ($61,523) and 85.52 percent of the average annual
public-sector wage ($53,912).
The private sector accounted for 79.90 percent (88,005) of all jobs in 2010 and was
dominated by three super-sectors: education and health services; trade, transportation and
utilities; and manufacturing.
Dominant private-sector employers 2010, average wages and percent
Collectively these three
of total private-sector job count
Data: QCEW New York State Department of Labor
industry groups accounted for
$120,000
61.31 percent (54,052) of the
$100,000
total private- sector job count
in 2010 compared to 62.21
Education and
$80,000
Manufacturing,
Health Services,
percent (55,541) of all private$98,773, 12.53%
$42,569, 28.52%
$60,000
sector jobs in 2009. Year over
Trade,
year, the number of jobs
$40,000
Transportation
increased in the education and
and Utilities,
$33,217, 20.26%
$20,000
health services sector (2.14
percent) and fell in the
$0
manufacturing sector (5.72
percent) and the trade, transportation and utilities sector (7.03 percent). The average annual
wage ranged from a high of
High-wage industries 2010, average wages and
$98,773 in the manufacturing
percent of total private-sector job count
Data: QCEW New York State Department of Labor
sector to a low of $33,217 in the
$110,000
trade, transportation and
Top Quintile,
utilities sector3.
$100,000
$92,269, 16.31%
The public sector accounted
for 21.14 percent of all jobs in
2010, up from 19.94 percent in
2009. Year over year, the job
count fell from 22,196 in 2009
$90,000
Manufacturing,
$98,773, 12.53%
$80,000
$70,000
$60,000
Wholesale Trade,
$72,916, 2.33%
Management of
Companies and
Enterprises,
$67,539, 1.23%
Mining, $64,216,
0.21%
2
As noted above, between 2009 and 2010 the job count in the Hudson Valley fell—from 861,094 to 857,286—while the average (all-industry)
wage increased—from $51,752 to $53,379.
3
An important sub-sector is computer and electronic product manufacturing. Year over year, the job count fell as did the average annual wage:
employment fell 7.98 percent from 9,288 to 8.547; the average annual wage declined (.73 percent) from $111,138 to $119,500.
Page 9 of 22
to 22,149 in 2010 while the average annual wage advanced 2.52 percent from $52,589 to $53,912.
In the year 2010, 16.31 percent of all private-sector jobs were in high-wage industries—defined
as the top quintile—compared to 16.58 percent in 2009. Year over year, the number of jobs in the
top quintile declined 0.30 percent from 14,798 to 14,353. The job count declined in the
manufacturing sector (1.18 percent) and the wholesale trade sector (1.58 percent) and increased
in both the management of companies and enterprises sector (21.05 percent) and the mining
sector (57.5 percent). The average annual wage in the top quintile at $92,269 was double (200
percent) the average annual private-sector wage ($46,107) and four times as high as the average
annual wage paid in the bottom quintile ($22,574).
In the year 2010, 26.86 percent of all private-sector jobs were in low-wage industries—defined
as the bottom quintile— compared to 26.26 percent of all private-sector jobs in 2009. Year over
year, the number of jobs in the
Low-wage industries 2010, average wages and percent
of the total private-sector job count
bottom quintile increased 0.83
Data: QCEW New York State Department of Labor
percent from 23,447 in 2009 to $35,000
Agriculture, Forestry,
23,641 in 20104. The job count
Fishing and Hunting,
$30,000
$27,164, 0.65%
advanced in the
Retail Trade, $26,710,
15.08%
accommodation and food
$25,000
services sector (5.49 percent)
$20,000
and fell in the arts,
Arts, Entertainment
and Recreation,
Bottom Quintile,
$17,865, 2.16%
entertainment and recreation
$22,547, 26.86%
$15,000
sector (1.50 percent), the retail
Accommodation and
Food Services,
trade sector (1.25 percent) and $10,000
$16,421, 8.97%
the agriculture, forestry,
fishing and hunting sector (3.37 percent). The average annual wage in the bottom quintile at
$22,574 was 48.96 percent of the average annual private-sector wage and, as noted above, was
24.40 percent of the average annual wage in the top quintile.
4
The industries in this quintile have changed from 2009 and we have recalculated the 2009 figures to account for the current industries in the
quintile.
Page 10 of 22
Orange County
In the year 2010, Orange County accounted for 14.97 percent of all jobs in the Hudson Valley
and 1.54 percent of all jobs in New York State. Year over year, the total job count increased—
from 127,695 to 128,344—while the average annual (all-industry) wage increased from $39,501
to $40,2605. Overall, the average annual private-sector wage at $36,148 was 69.85 percent of the
average annual private-sector wage in the Hudson Valley ($51,753), 58.76 percent of the average
annual private-sector wage in New York State ($61,523) and 65.34 percent of the annual publicsector wage ($55,321).
The private sector accounted for 78.55 percent (100,814) of all jobs in 2010 and was
dominated by three super-sectors: trade, transportation and utilities; education and health
services; and professional and
Dominant private-sector employers 2010, average wages and percent
of total private-sector job count
business services. Collectively
Data: QCEW New York State Department of Labor
$50,000
these three super-sectors
$45,000
accounted for 65.87 percent
(66,409) of all private-sector
$40,000
Professional and
Business
jobs in 2010 compared to 65.38
$35,000
Services,
percent (65,444) of all privateEducation and
$44,425, 10.47%
Health Services,
$30,000
sector jobs in 2009. Year over
$38,754, 21.49%
Trade,
year, the number of jobs
Transportation
$25,000
and Utilities,
increased in the trade,
$33,948,
33.92%
$20,000
transportation and utilities
sector (1.09 percent), the
education and health services sector (2.73 percent) and the professional and business services
High-wage industries 2010, average wages and percent
sector (0.19 percent). The
of the total private-sector job count
average annual wage ranged
Data: QCEW New York State Department of Labor
$120,000
from a high of $44,425 in the
Utilities,
$110,000
$105,208, 0.58%
professional and business
$100,000
Management of
services sector to a low of
Companies and
$90,000
Professional and
Enterprises,
$33,948 in the trade,
Technical
$80,000
$64,564,
0.62%
Services,
transportation and utilities
$56,823,
4.90%
$70,000
sector.
$60,000
The public sector accounted
for 21.45 percent of all jobs in
$50,000
$40,000
Mining,
$65,147, 0.06%
Top Quintile,
$62,255, 6.16%
5
As noted above, between 2009 and 2010 the job count in the Hudson Valley fell—from 861,094 to 857,286—while the average (all-industry)
wage increased—from $51,752 to $53,379.
Page 11 of 22
2010, down from 21.62 percent in 2009. Year over year, the total job count fell from 27,603 to
27,531 as the average annual wage advanced 4.21 percent from $53,086 to $55,321.
In the year 2010, 6.16 percent of all private-sector jobs were in high-wage industries—defined
as the top quintile—compared to 6.54 percent of all private-sector jobs in 20096. Year over year,
the number of jobs in the top quintile declined 5.13 percent from 6,547 to 6,211. The job count
decreased in the utilities sector (1.51 percent) and the management of companies and enterprises
sector (38.05 percent) and increased in both the mining (46.15 percent) and professional and
technical services sector (0.75 percent). The average annual wage—in the top quintile—at
$62,255 was 172 percent of the average annual private-sector wage ($36,148) and almost three
times as high as the average annual wage paid in the bottom quintile ($22,688).
Low-wage industries 2010, average wages and percent
In the year 2010, 32.65
of the total private-sector job count
Data: QCEW New York State Department of Labor
$30,000
percent of all private-sector
jobs were in low-wage
Agriculture,
$26,000
Forestry, Fishing
industries—defined as the
and Hunting,
$22,806, 0.92%
bottom quintile—compared to $22,000
32.13 percent of all privateRetail Trade,
$25,458, 21.75%
$18,000
sector jobs in 2009. Year over
Arts,
Bottom Quintile,
Entertainment
year, the number of jobs in the
$22,688, 32.65%
$14,000
and Recreation,
Accommodation
bottom quintile increased 2.34
$19,479, 1.57%
and Food
Services,
$10,000
percent from 32,164 in 2009 to
$16,113, 8.41%
32,917 in 2010. The job count
advanced in all sectors within the quintile—the accommodation and food services sector (1.78
percent), the arts, entertainment and recreation sector (0.96 percent), the agriculture, forestry,
fishing and hunting sector (1.76 percent) and the retail trade sector (2.69 percent). The average
annual wage in the bottom quintile at $22,688 was 62.76 percent of the average annual privatesector wage and, as noted above, was 36.44 percent of the average annual wage in the top
quintile.
6
The industries in this quintile have changed from 2009 and we have recalculated the 2009 figures to account for the current industries in the
quintile.
Page 12 of 22
Putnam County
In the year 2010, Putnam County accounted for 2.87 percent of all jobs in the Hudson Valley
and 0.30 percent of all jobs in New York State. Year over year, the total job count decreased—
from 24,825 to 24,617—while the average annual (all-industry) wage increased—from $46,316
to $46,7857. Overall, the average annual private-sector wage at $42,913 was 82.92 percent of the
average annual private-sector wage in the Hudson Valley ($51,753), 69.75 percent of the average
annual private-sector wage in New York State ($61,523) and 67.89 percent of the average annual
public-sector wage ($63,211).
The private sector accounted for 80.92 percent (19,920) of all jobs in 2010 and was
dominated by three superDominant private-sector employers 2010, average wages and percent of
sectors: education and health
total private-sector job count
Data: QCEW New York State Department of Labor
services; trade, transportation
$60,000
and utilities; and professional
$50,000
and business services.
$40,000
Collectively these three
Education and
industry groups accounted for $30,000
Professional and
Health Services,
Business
57.08 percent (11,370) of all
$47,281, 26.26%
Trade,
Services,
$20,000
Transportation
private-sector jobs in 2010, up
$45,128, 11.41%
and Utilities,
$10,000
from 55.70 percent (11,186) of
$36,156, 19.41%
all private-sector jobs in 2009.
$0
Year over year, the number of
jobs increased in the education and health services sector (0.29 percent) and the trade,
transportation and utilities sector (2.74 percent) and the professional and business services
(2.99 percent). The average annual wage ranged from a high of $47,281 in the education and
health services sector to a low of $36,156 in the trade, transportation and utilities sector.
The public sector accounted for 19.08 percent of all jobs in 2010, down from 19.11 percent in
2009. Year over year, the public-sector job count fell from 4,744 in 2009 to 4,696 in 2010 while
the average annual wage advanced 2.39 percent from $61,738 to $63,211.
7
As noted above, between 2009 and 2010 the job count in the Hudson Valley fell—from 861,094 to 857,286—while the average (all-industry)
wage increased—from $51,752 to $53,379.
Page 13 of 22
In the year 2010, 11.56 percent of all private-sector jobs were in high-wage industries—defined
as the top quintile—compared to 11.59 percent of all private- sector jobs in 2009. Year over year,
the number of jobs in the top quintile declined 1.07 percent from 2,328 to 2,3038. The job count
increased in both the
High-wage industries 2010, average wages and
management of companies and
percent of total private-sector job count
Data: QCEW New York State Department of Labor
enterprises sector (from 0 to
$90,000
24 jobs in 2010) and the
Management of
$85,000
Companies and
information sector (0.62
$80,000
Enterprises,
Professional and
$83,287, 0.12%
percent) and decreased in the
Technical
$75,000
Services,
professional and technical
$70,000
$61,899, 5.55%
services sector (2.56 percent)
$65,000
and the finance and insurance $60,000 Information,
$65,701, 2.45%
sector (3.25 percent). The
$55,000
Finance and
Top Quintile,
average annual wage in the top $50,000
Insurance,
$62,498, 11.56%
$60,448, 3.44%
quintile at $62,498 was 146
percent of the average annual private-sector wage ($42,913) and more than double the average
annual wage paid in the bottom quintile ($25,530).
In the year 2010, 17.07 percent of all private-sector jobs were in low-wage industries—defined
Low-wage industries 2010, average wages and percent
as the bottom quintile—
of the total private-sector job count
compared to 16.70 percent in
Data: QCEW New York State Department of Labor
2009. Year over year, the
$34,000
Arts,
Agriculture,
Entertainment
Forestry, Fishing
number of jobs in the bottom
$30,000
and Recreation,
and Hunting,
quintile increased 1.37 percent
$24,684, 3.47%
$26,250, 0.20%
$26,000
from 3,354 to 3,400. The job
Administrative
and Waste
count advanced in the
$22,000
Services,
accommodation and food
$28,127, 5.74%
$18,000
Bottom Quintile,
services sector (2.07 percent)
Accommodation
$22,530, 17.07%
$14,000
and Food
and the administrative and
Services,
waste services sector (6.62
$17,257, 7.66%
$10,000
percent) and declined (11.00 percent) in the agriculture, forestry, fishing and hunting sector and
(6.87 percent) the arts, entertainment and recreation sector. The average annual wage in the
bottom quintile at $25,530 was 58.76 percent of the average annual private-sector wage and, as
noted above, was 40.35 percent of the average annual wage in the top quintile.
8
The industries in this quintile have changed from 2009 and we have recalculated the 2009 figures to account for the
current industries in the quintile.
Page 14 of 22
Rockland County
In the year 2010, Rockland County accounted for 13.06 percent of all jobs in the Hudson Valley
and 1.34 percent of all jobs in New York State. Year over year, the job count increased (.16
percent) from 111,811 in 2009 to 111,993 in 2010 while the average annual (all-industry) wage
increased 4.40 percent from $48,384 to $50,5299. Overall, the average annual private-sector
wage at $49,014 was 94.71 percent of the average annual private-sector wage in the Hudson
Valley ($51,753), 79.66 percent of the average annual private-sector wage in New York State
($61,523) and 86.07 percent of the average annual public-sector wage ($56,950).
The private sector accounted for 80.90 percent (90,607) of all jobs in 2010 and was
dominated by three super-sectors: education and health services; trade, transportation and
utilities; and professional and business services. Collectively these three industry groups
accounted for 60.74 percent
Dominant private-sector employers 2010, average wages and percent of
total private sector job count
(55,037) of all private-sector
Data: QCEW New York State Department of Labor
$70,000
jobs in 2010, up from 60.33
percent (54,328) of all private- $60,000
sector jobs in 2009. Year over
$50,000
year, the number of jobs
$40,000
Professional and
increased in the education and $30,000
Business
Services,
Trade,
health services sector (1.72
Education and
$57,581, 12.23%
$20,000
Transportation
Health Services,
percent) and the trade,
and Utilities,
$41,066, 24.70%
$10,000
$41,359, 23.82%
transportation and utilities
$0
sector (1.88 percent) and
decreased in the professional
and business services sector (0.61 percent). The average annual wage ranged from a high of
$57,581 in the professional and business services sector to a low of $41,066 in the education and
health services sector.
The public sector accounted for 19.10 percent of all jobs in 2010, down from 19.47 percent in
2009. Year over year, the job count fell from 21,771 in 2009 to 21,386 in 2010 while the average
annual wage advanced 4.86 percent from $54,309 to $56,950.
9
As noted above, between 2009 and 2010 the job count in the Hudson Valley fell—from 861,094 to 857,286—while the average (all-industry)
wage increased—from $51,752 to $53,379.
Page 15 of 22
In the year 2010, 13.42 percent of all private-sector jobs were in high-wage industries—
defined as the top quintile—
High-wage industries 2010, average wages and percent of
total private sector job count
compared to 21.68 percent of
Data: QCEW New York State Department of Labor
$108,000
all private-sector jobs in
Management of
$102,000
Companies and
200910. Year over year, the
Enterprises,
$96,000
number of jobs within the top
$100,039,
1.04%
Utilities,
$90,000
quintile declined 2.74 percent
$98,412, 1.28%
$84,000
from 12,500 in 2009 to 12,157
Mining, $87,715,
$78,000
in 2010. The job count
0.18%
Top Quintile,
increased in the utilities sector $72,000
$84,152, 13.42%
Manufacturing,
$66,000
(8.04 percent) and the mining
$80,910, 10.92%
$60,000
sector (from 0 to 163 in 2010)
and decreased in the
management of companies and enterprises sector (3.37 percent) and the manufacturing sector
(5.35 percent). The average annual wage in the top quintile at $84,152 was 72 percent greater
than the average private-sector wage ($49,014) and more than triple the average annual wage
paid in the bottom quintile ($26,707).
In the year 2010, 21.90 percent of all private-sector jobs were in low-wage industries—defined
Low-wage industries 2010, average wages and percent of
as the bottom quintile—
total private sector job count
compared to 21.36 percent in
Data: QCEW New York State Department of Labor
$35,000
2009. Year over year, the
Other Services,
$30,000
$24,126, 5.31%
number of jobs in the bottom
quintile increased 3.15 percent $25,000
Retail Trade,
$20,000
$27,855, 15.12%
from 19,234 in 2009 to 19,839
Bottom Quintile,
Arts,
$26,707, 21.90%
$15,000
in 201011. The job count
Entertainment
Agriculture,
and Recreation,
advanced in the other services $10,000
Forestry, Fishing
$24,408, 1.41%
and Hunting,
sector (4.18 percent) and the
$5,000
$18,783, 0.05%
retail trade sector (4.01
$0
percent) and decreased in
both the agriculture, forestry, fishing and hunting sector (7.84 percent) and the arts,
entertainment and recreation sector (8.10 percent).The average annual wage in the bottom
quintile at $26,707 was 54.49 percent of the average annual private-sector wage and, as noted
above, was 31.74 percent of the average annual wage in the top quintile.
10
The industries in this quintile have changed from 2009 and we have recalculated the 2009 figures to account for the current industries in the
quintile.
11
The industries in this quintile have changed from 2009 and we have recalculated the 2009 figures to account for the current industries in the
quintile.
Page 16 of 22
Sullivan County
In the year 2010, Sullivan County accounted for 2.93 percent of the total job count in the
Hudson Valley and 0.30 percent of all jobs in New York State. Year over year, the total job count
decreased—from 25,172 in 2009 to 25,088 in 2010—while the average annual (all-industry)
wage posted a slight increase, rising from $35,412 to $35,59612. Overall, the average annual
private-sector wage at $31,307 was 60.49 percent of the average annual private-sector wage in
the Hudson Valley ($51,753), 50.89 percent of the average annual private-sector wage in New
York State ($61,523) and 64.36 percent of the average annual public-sector wage ($48,640).
The private sector accounted for 75.25 percent (18,879) of all jobs in 2010 and was
dominated by three super-sectors: education and health services; trade, transportation and
utilities; and leisure and hospitality. Collectively these three industry groups accounted for
65.50 percent (12,365) of the all private-sector jobs in 2010, unchanged relative to 2009. Year
over year, the job count increased in the education and health services sector (4.02 percent) and
decreased in both the trade, transportation and utilities sector (1.62 percent) and the leisure and
hospitality sector (5.31
Dominant private-sector employers 2010, average wages and percent of
total private-sector job count
percent). The average annual
Data: QCEW New York State Department of Labor
$45,000
wage ranged from a high of
$40,000
$35,816 in the education and
health services sector to a low $35,000
$30,000
of $19,509 in the leisure and
$25,000
Education and
hospitality sector.
Health Services,
$20,000
$15,000
$35,816, 29.49%
Trade,
Transportation
and Utilities,
$27,929, 21.94%
The public sector accounted $10,000
Leisure and
Hospitality,
for 24.75 percent of all jobs in $5,000
$19,509, 14.07%
$0
2010, down from 25.00 percent
in 2009. Year over year, the job
count fell (.14 percent) from 6,293 to 6,209 while the average annual wage advanced 2.59 percent
from $47,410 to $48,640.
12
As noted above, between 2009 and 2010 the job count in the Hudson Valley fell—from 861,094 to 857,286—while the average (all-industry)
wage increased—from $51,752 to $53,379.
Page 17 of 22
In the year 2010, 7.02 percent of all private-sector jobs were in high-wage industries—defined
as the top quintile—compared
High-wage industries 2010, average wages and percent of
to 7.63 percent of all privatetotal private-sector job count
Data: QCEW New York State Department of Labor
sector jobs in 2009. Year over
$70,000
year, the number of jobs in the $65,000
top quintile declined 7.92
$60,000
percent from 1,440 in 2009 to
$55,000
Mining,
Finance and
1,326 in 2010. The job count
$44,322,
0.50%
Insurance,
$50,000
$62,265, 4.11%
increased in the management
$45,000
Management of
of companies and enterprises
Companies and
$40,000
Enterprises,
Information,
sector (3.27 percent) and
Top Quintile,
$35,000
$43,583,
1.50%
$44,999, 0.91%
$54,739, 7.02%
decreased in the finance and
$30,000
insurance sector (9.04
percent), the information sector (11.79 percent) and the mining sector (19.49 percent). The
average annual wage in the top quintile at $54,739 was 113 percent of the average annual privatesector wage ($48,640) and almost triple the average annual wage paid in the bottom quintile
($18,988).
In the year 2010, 21.43 percent of all private-sector jobs were in low-wage industries—defined
as the bottom quintile—
Low-wage industries 2010, average wages and percent of
total private-sector job count
compared to 21.13 percent in
Data: QCEW New York State Department of Labor
$26,000
2009. Year over year, the
$24,000
Other Services,
number of jobs in the bottom
Educational
$19,827, 7.30%
$22,000
Services,
quintile increased 1.38 percent
$18,430, 0.86%
$20,000
from 3,990 in 2009 to 4,045 in
Bottom Quintile,
201013. The job count increased $18,000
$18,988, 21.43%
$16,000
in the other services sector
Real Estate,
Accommodation
$14,000
(12.12 percent) and the real
Rental and
and Food
$12,000
Leasing,
Services,
estate, rental and leasing
$22,239, 2.04%
$17,894,
11.22%
$10,000
sector (1.05 percent) and
decreased in the
accommodation and food services sector (4.12 percent) and the educational services sector (4.12
percent).The average annual wage in the bottom quintile at $18,988 was 60.65 percent of the
average annual private-sector wage and, as noted above, was 34.69 percent of the average annual
wage in the top quintile.
13
The industries in this quintile have changed from 2009 and we have recalculated the 2009 figures to account for the current
industries in the quintile.
Page 18 of 22
Ulster County
In the year 2010, Ulster County accounted for 6.79 percent of all jobs in the Hudson Valley and
0.70 percent of all jobs in New York State. Year over year, the job count decreased from 58,516 in
2009 to 58,171 in 2010 while the average annual (all-industry) wage increased from $36,388 to
$37,04714. Overall, the average annual private-sector wage at $32,341 was 62.49 percent of the
average annual private-sector wage in the Hudson Valley ($51,753), 52.57 percent of the average
annual private-sector wage in New York State ($61,523) and 62.47 percent of the average annual
public-sector wage ($51,767).
The private sector accounted
Dominant private-sector employers 2010, average wages and percent of
for 75.77 percent (44,078) of
total private-sector job count
all jobs in 2010 and was
Data: QCEW New York State Department of Labor
$45,000
dominated by three super$40,000
sectors: trade, transportation
Leisure and
$35,000
Hospitality,
and utilities; education and
$30,000
$17,184, 15.19%
health services; and leisure and $25,000
Education and
$20,000
hospitality. Collectively these
Health Services,
$34,527, 21.96%
$15,000
Trade,
three super-sectors accounted
Transportation
for 63.48 percent (27,980) of all $10,000
and Utilities,
$5,000
$28,960, 26.33%
private-sector jobs in 2010, up
$0
from 62.66 percent (27,746) of
all private-sector jobs in 2009. Year over year, the number of jobs increased in both the
education and health services sector (3.11 percent) and the leisure and hospitality sector (0.86
percent) and decreased in the trade, transportation and utilities sector (0.98 percent). The
High-wage industries 2010, average wages and percent of
average annual wage ranged
total private-sector job-count
from a high of $34,527 in the
Data: QCEW New York State Department of Labor
$80,000
education and health services
Finance and
sector to a low of $17,184 in the $70,000
Insurance,
Top Quintile,
leisure and hospitality sector.
$49,295, 3.87%
$60,000
$49,296, 7.63%
The public sector accounted
for 24.23 percent of all jobs in
2010, down from 24.33 percent
in 2009. Year over year, the job
count fell from 14,234 in 2009
$50,000
$40,000
$30,000
Wholesale
Trade, $46,944,
2.99%
Management of
Companies and
Enterprises,
$51,048, 0.51%
Unclassified,
$73,198, 0.26%
$20,000
14
As noted above, between 2009 and 2010 the job count in the Hudson Valley fell—from 861,094 to 857,286—while the average (all-industry)
wage increased—from $51,752 to $53,379.
Page 19 of 22
to 14,093 in 2010 while the average annual wage advanced 3.21 percent from $50,155 to $51,767.
In the year 2010, 7.63 percent of all private-sector jobs were in high-wage industries—defined
as the top quintile—compared to 7.88 percent of all private-sector jobs in 200915. Year over year,
the number of jobs in the top quintile declined 3.61 percent from 3,488 in 2009 to 3,362 in 2010.
The job count advanced in the unclassified sector (31.40 percent) and the wholesale trade sector
(7.16 percent) and decreased in both the management of companies and enterprises sector (47.21
percent) and the finance and insurance sector (2.18 percent). The average annual wage in the top
quintile at $49,295 was over 152 percent of the average annual private-sector wage ($32,341) and
more than 255 percent of the average annual wage paid in the bottom quintile ($19,346).
In the year 2010, 21.49 percent of all private-sector jobs were in low-wage industries—defined
Low-wage industries 2010, average wages and percent of
as the bottom quintile—
total private-sector job count
compared to 21.39 percent of
Data: QCEW New York State Department of Labor
$30,000
all private-sector jobs in
Educational
Other Services,
Services,
200916. Year over year, the
$24,111, 4.42%
$25,000
$25,583, 1.89%
number of jobs in the bottom
quintile increased 0.02 percent $20,000
Arts,
Entertainment
from 9,471 in 2009 to 9,473 in
and Recreation,
Bottom
$15,000
$21,283, 1.75%
2010. The job count advanced
Quintile,
Accommodation
$19,346, 21.49%
and Food
in the accommodation and
$10,000
Services,
food services sector (0.10
$16,651, 13.44%
$5,000
percent), the arts,
entertainment and recreation
sector (7.08 percent) and the educational services sector (3.74 percent). The total job count
decreased in the other services sector (4.18 percent). The average annual wage in the bottom
quintile at $19,346 was 59.82 percent of the average annual private-sector wage and, as noted
above, 39.24 percent of the average annual wage in the top quintile.
15
The industries in this quintile have changed from 2009 and we have recalculated the 2009 figures to account for the current industries in the
quintile.
16
The industries in this quintile have changed from 2009 and we have recalculated the 2009 figures to account for the current industries in the
quintile.
Page 20 of 22
Westchester County
In the year 2010, Westchester County accounted for 46.53 percent of all jobs in the Hudson
Valley and 4.78 percent of all jobs in New York State. Year over year, the total job count
decreased—from in 401,604 in 2009 to 398,919 in 2010—while the average annual (all-industry)
wage increased from $61,435 to $63,88117. Overall, the average annual private-sector wage at
$62,892 was 121.52 percent of the average annual private-sector wage in the Hudson Valley
($51,753), 102.25 percent of the average annual private-sector wage in New York State ($61,523)
and 91.01 percent of the average annual public-sector wage ($69,107).
The private sector accounted for 84.08 percent (335,422) of all jobs in 2010 and was
dominated by three super-sectors: education and health services; trade, transportation and
utilities; and professional and
Dominant private-sector employers 2010, average wages and percent of
total private-sector job count
business services. Collectively
Data: QCEW New York State Department of Labor
$120,000
these three industry groups
accounted for 62.12 percent
$100,000
Trade,
Transportation
(208,356) of all private-sector
and Utilities,
$80,000
$44,683, 22.13%
jobs in 2010, up from 61.49
Professional and
$60,000
percent (207,180). Year over
Business
Services,
year, the job count increased in $40,000
$96,635, 15.81%
the education and health
$20,000
Education and
services sector (1.76 percent)
Health Services,
$49,192, 24.18%
$0
and the professional and
business services sector (0.43
percent) and decreased in the trade, transportation and utilities sector (0.61 percent). The
average annual wage ranged from a high of $96,635 in the professional and business services
sector to a low of $44,683 in the trade, transportation and utilities sector.
The public sector accounted for 18.93 percent of all jobs in 2010, up from 16.10 percent in
2009. Year over year, the public-sector job count fell from 64,666 to 63,497 while the average
annual wage advanced 3.56 percent from $66,729 to $69,107.
In the year 2010, 13.43 percent of all private-sector jobs were in high-wage industries—defined
as the top quintile—compared to 13.68 percent of all private-sector jobs in 2009. Year over year,
17
As noted above, between 2009 and 2010 the job count in the Hudson Valley fell—from 861,094 to 857,286—while the average (all-industry)
wage increased—from $51,752 to $53,379.
Page 21 of 22
the number of jobs in the top quintile declined 2.27 percent from 46,095 in 2009 to 45,047 in
201018. The job count increased in the management of companies and enterprises sector (1.61
percent) and decreased in the finance and insurance sector (2.21 percent), the utilities sector
(4.03 percent) and the
High-wage industries 2010, average wages and percent of
total private-sector job count
manufacturing sector (4.29
Data: QCEW New York State Department of Labor
$245,000
percent). The average annual
$230,000
Management of
wage in the top quintile at
$215,000
Companies and
$200,000
Enterprises,
$142,561 was 227 percent of
$213,221, 2.78%
$185,000
the average annual private$170,000
sector wage ($62,892) and
$155,000
Manufacturing,
$140,000
$101,555, 4.44%
almost five times the average
$125,000
annual wage paid in the
$110,000
Finance and
Top Quintile,
Insurance,
$95,000
bottom quintile ($29,803).
$142,561,
Utilities,
$80,000
$112,913, 0.90%
$144,921, 5.31%
13.43%
In the year 2010, 29.59
percent of all private-sector jobs were in low-wage industries—defined as the bottom
quintile—compared to 29.00 percent of all private-sector jobs in 2009. Year over year, the
number of jobs in the bottom quintile increased 1.61 percent from 97,694 in 2009 to 99,266 in
2010. The job count increased in the accommodation and food services sector (3.84 percent), the
retail trade sector (1.01
Low-wage industries 2010, average wages and percent of
total private-sector job count
percent) and the arts,
Data: QCEW New York State Department of Labor
$39,000
entertainment and recreation
$36,000
sector (2.96 percent) and
decreased in the other services $33,000
$30,000
sector (0.29 percent). The
Other Services,
Arts,
$33,295, 5.70%
$27,000
Entertainment
average annual wage in the
and Recreation,
$24,000
bottom quintile at $29,803
Bottom Quintile,
Retail Trade,
$32,513, 2.69%
$29,803, 29.59%
$31,320, 13.96%
$21,000
was 47.39 percent of the
Accommodation
$18,000
average annual private-sector
and Food Services,
$15,000
$23,124, 7.24%
wage and, as noted above,
20.91 percent of the average
annual wage in the top quintile.
18
The industries in this quintile have changed from 2009 and we have recalculated the 2009 figures to account for the current industries in the
quintile.
Page 22 of 22