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. Government sector accounted for 18.75 percent of total employment Private-sector employment is dominated by three super-sectors: trade, transportation and utilities; education and health services; and professional and technical services 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 ~ ~ ~ ~ Select data high-wage private-sector employment from highest to lowest: ~ Management of companies and enterprises ($156,059) Year-over -year: wages down 6.92 percent; employment down 1.59 percent Percent of 2009 private employment: 1.82 percent ~ Utilities ($98,409) Year-over -year: wages down .60 percent; employment down 1.59 percent Percent of 2009 private employment: .85 percent ~ Finance and insurance ($97,827) Year-over-year: wages down 8.92 percent; employment down 6.56 percent Percent of 2009 private employment: 4.35 percent ~ Manufacturing ($78,213) Year-over-year: wages down .65 percent; employment down 9.88 percent Percent of 2009 private employment: 7.31 percent ~ Professional and technical services ($77,053) Year-over-year: wages up 1.06 percent; employment down 4.17 percent 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 Low-wage industries accounted for 30.00 percent of total private employment in 2009, down from 31.22 percent in 2008. Select data low-wage private sector employment in order of importance: ~ Accommodation and food services ($19,167) Year-over-year: wages down .39 percent; employment down .85 percent Percent of 2009 private employment: 7.95 percent ~ Agricultural, forestry, fishing ($27,002) ~ Arts, entertainment and recreation ($27,985) Year-over-year: wages down 1.72 percent; employment down 4.93 percent Percent of 2009 private employment: 2.25 percent ~ Retail trade ($28,485) Year-over-year: wages down .04 percent; employment down 5.07 percent Percent of 2009 private employment: 15.60 percent ~ Other services ($29,164) Year-over-year: wages up 2.68 percent; employment down 4.41 percent Percent of 2009 private employment: 5.20 percent 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) 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 Retail trade (109,108) down 5.24 percent Wholesale trade (30,749) down 7.00 percent Transportation and warehousing (23,362) down 3.34 percent Utilities (5,917) up 3.24 percent ~ Average yearly wage in the super-sector ($40,490) Retail trade ($28,485) down .04 percent relative to 2008 Wholesale trade ($71,388) down .63 percent relative to 2008 Transportation and warehousing ($41,222) down 1.45 percent to 2008 Utilities ($98,409) down .60 percent relative to 2008 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 Educational services (29,224) up 2.03 percent Health care and social assistance (138,081) up 1.31 percent ~ Average yearly wage in the super-sector ($44,072) Educational services sector ($40,247) down 2.73 percent Health care and social assistance ($44,881) up 1.75 percent Page 9 of 24 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 Management of companies and enterprises (12,763) down 1.61 percent Professional and technical services (41,509) down 4.35 percent Administrative and waste services (37,092) down 8.32 percent ~ Average yearly wage in the super-sector ($71,782) Management of companies and enterprises ($156,059) down 6.92 percent Professional and technical services ($77,053) up 1.06 percent 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. 4 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) Year-over-year: wages up 4.87 percent; employment down 10.64 percent Percent of 2009 private employment: 13.11 percent ~ Management of companies and enterprises ($69,688) 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 Percent of 2009 private employment: 1.00 percent ~ Wholesale trade ($69,431) Year-over-year: wages up 4.65 percent; employment down 1.0 percent Percent of 2009 private employment: 2.34 percent ~ Mining ($57,444) Year-over-year: wages down 31.54 percent; employment down 14.29 percent 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) Year-over-year: wages up 1.53 percent; employment down 1.32 percent Percent of 2009 private employment: 8.38 percent ~ Arts, entertainment and recreation ($18,128) Year-over-year: wages down 2.49 percent; employment down 8.61 percent Percent of 2009 private employment: 2.16 percent ~ Retail trade ($26,434) Year-over-year: wages up 1.19 percent; employment down 3.76 percent Percent of 2009 private employment: 15.05 percent ~ Other services ($26,714) Year-over-year: wages up 3.25 percent; employment down 7.64 percent 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 Educational services (6,932) down .74 percent Health care and social assistance (17,639) up 3.30 percent ~ Average yearly wage in the super-sector ($42,052) Educational services ($40,677) up 4.87 percent 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 Wholesale trade (2,085) down 1.0 percent Retail trade (13,439) down 3.76 percent Transportation and warehousing(3,126) down 5.33 ~ Average yearly wage in the super-sector ($33,320) Wholesale trade($69,431) up 4.65 percent relative to 2008 Page 11 of 24 Retail trade ($26,434) up 1.19 percent relative to 2008 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 Manufacturing (11,700) down 10.64 percent ~ Average yearly wage in the super-sector ($98,763) 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. 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) Year-over-year: wages up 16.15 percent; employment up 0.84 percent Percent of 2009 private employment: 0.60 percent ~ Management of companies and enterprises ($81,992) Year-over-year: wages down 2.17 percent; employment down 0.79 percent Percent of 2009 private employment: 1.00 percent ~ Mining ($68,563) Year-over -year: wages up 1.55 percent; employment down 2.50 percent Percent of 2009 private employment: 0.03 percent ~ Information ($53,213) Year-over-year: wages up 6.93 percent; employment down 14.76 percent Page 12 of 24 Percent of 2009 private employment: 2.17 percent ~ Professional and technical services ($49,917) Year-over-year: wages up 3.95 percent; employment down 1.33 percent 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) Year-over-year: wages down .46 percent; employment down .77 percent Percent of 2009 private employment: 8.33 percent ~ Arts, entertainment and recreation ($18,561) Year-over-year: wages down 2.14 percent; employment down 4.62 percent Percent of 2009 private employment: 1.57 percent ~ Agriculture sector ($22,362) Year-over-year: wages down 2.59 percent; employment down 1.30 percent Percent of 2009 private employment: .91 percent ~ Retail trade ($25,233). Year-over-year: wages down .26 percent; employment down 3.89 percent 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 Retail trade (21,353) down 3.89 percent Wholesale trade (6,582) down 3.28 percent Transportation and warehousing (5,289) down 3.73 percent Utilities (597) up .84 percent ~ Average yearly wage in the super-sector $33,529 Retail trade ($25,233) up .26 percent Wholesale trade ($49,606) up .34 percent Transportation and warehousing ($39,940) up 2.88 percent 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) Educational services (1,997) up 3.47 percent Health care and social assistance (19,091) up 5.73 percent ~ Average yearly wage in the super-sector $39,075 Educational services $30,384 down .12 percent relative to 2008 Page 13 of 24 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 Professional and technical services (4,907) down 1.33 percent Management of companies and enterprises (1,004) down .79 percent Administration and waste services (4,624) down 9.35 percent ~ Average yearly wage in the super-sector $43,376 Professional and technical services ($49,917) up 3.95 percent Management of companies and enterprises ($81,992) down 2.17 percent 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. 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) Year-over-year: wages up 4.84 percent; employment down 2.02 percent Page 14 of 24 Percent of 2009 private employment: 2.42 percent ~ Manufacturing ($61,904) Year-over-year: wages up 9.48 percent; employment down 4.92 percent Percent of 2009 private employment: 7.41 percent ~ Transportation and warehousing ($59,892) Year-over -year: wages up 19.97 percent; employment down 11.11 percent Percent of 2009 private employment: 1.35 percent ~ Finance and insurance ($58,685) Year-over-year: wages down 3.52 percent; employment up 3.21 percent 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) Year-over-year: wages up 1.86 percent; employment up .95 percent Percent of 2009 private employment: 7.44 percent ~ Administrative and waste services ($27,618) Year-over-year: wages down 9.16 percent; employment down 8.21 percent Percent of 2009 private employment: 5.34 percent ~ Arts, entertainment and recreation ($27,703) Year-over-year: wages up 3.09 percent; employment down 5.24 percent Percent of 2009 private employment: 3.70 percent ~ Agriculture, forestry, fishing and hunting ($27,903) Year-over-year: wages down 18.94 percent; employment down 21.05 percent 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) Educational services (765) up .66 percent Health care and social assistance (4,451) up 5.13 percent ~ Average yearly wage in the super-sector $43,245 Educational services $36,021 down 1.43 percent relative to 2008 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 Page 15 of 24 ~ Second-largest private-sector employer in the county at 18.74 percent of total private employment (3,763 persons), down (159) compared to 2008 Retail trade (2,649) down 4.16 percent Wholesale trade (842) down 1.17 percent Transportation and warehousing (272) down 11.11 percent Utilities: not available ~ Average yearly wage in the super-sector ( $36,868) Retail trade ($28,544) up .30 percent Wholesale trade ($53,303) up 1.37 percent Transportation and warehousing ($59,892) up 19.97 percent 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 Professional and technical services (1,134) down 6.90 percent Management of companies and enterprises: not available Administration and waste services (1,073) down 8.21 percent ~ Average yearly wage in the super-sector ($41,052) Professional and technical services ($54,596) down .25 percent Management of companies and enterprises: not available 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. Government sector accounted for 19.47 percent of total employment Private-sector employment is dominated by four super-sectors: education and health services; trade, transportation and utilities; professional and technical services and manufacturing Important sub-sectors: ~ Health care and social assistance (20.80 percent) ~ Retail trade ((14.63 percent) Page 16 of 24 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) Year-over-year: wages down 26.18 percent; employment up 14.65 percent Percent of 2009 private employment: 1.09 percent ~ Utilities ($90,705) Year-over-year: wages down 4.16 percent; employment up 7.21 percent Percent of 2009 private employment: 1.19 percent ~ Information ($78,696) Year-over-year: wages up 2.15 percent; employment down 4.99 percent Percent of 2009 private employment: 2.81 percent ~ Manufacturing ($74,883) Year-over-year: wages down 1.21 percent; employment down 5.58 percent Percent of 2009 private employment: 11.61 percent ~ Wholesale trade ($71,587) Year-over-year: wages up 4.78 percent; employment down 6.65 percent 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) Year-over-year: wages down 3.16 percent; employment down .21 percent Percent of 2009 private employment: 7.52 percent ~ Retail trade ($27,771) Year-over-year: wages down .23 percent; employment down 7.23 percent Percent of 2009 private employment: 14.63 percent ~ Other services ($24,284) Year-over-year: wages up 2.56 percent; employment down 1.56 percent Percent of 2009 private employment: 5.13 percent ~ Arts, entertainment and recreation ($24,505) Year-over-year: wages down .96 percent; employment up 1.68 percent 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) Educational services (3,277) down 2.12 percent Health care and social assistance (18,724) up .67 percent Page 17 of 24 ~ Average yearly wage in the super-sector ($41,260) Educational services $28,174 down 36.58 percent relative to 2008 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) 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 Retail trade (13,172) down 7.23 percent Wholesale trade (4,493) down 6.65 percent Transportation and warehousing (2,447) up 1.07 percent Utilities (1,070) up 7.21 percent ~ Average yearly wage in the super-sector ($41,235) Retail trade ($27,771) down .23 percent Wholesale trade ($71,587) up 4.78 percent Transportation and warehousing ($36,353) up 3.64 percent Utilities ($90,705) down 4.16 percent 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 Professional and technical services (5,358) down 8.57 percent Management of companies and enterprises (978) up 14.65 percent Administration and waste services (4,809) down 7.27 percent ~ Average yearly wage in the super-sector ($57,068) Professional and technical services ($69,806) down 7.94 percent Management of companies and enterprises ($95,607) down 26.18 percent 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 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) Year-over year: wages down 1.25 percent; employment down 3.62 percent Percent of 2009 private employment: 4.51 percent ~ Mining ($56,783) Year-over-year: wages up 9.12 percent; employment down 11.94 percent Percent of 2009 private employment: .63 percent ~ Management of companies and enterprises sector ($48,671) Year-over-year: wages up 5.19 percent; employment down 4.18 percent Percent of 2009 private employment: 1.46 percent ~ Information sector ($43,083) Year-over-year: wages up 11.27 percent; employment down 10.55 percent 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) Year-over year: wages down 1.07 percent; employment up .23 percent Percent of 2009 private employment: 11.71 percent ~ Educational services sector ($17,182) Year-over year: wages down 1.96 percent; employment up .59 percent Percent of 2009 private employment: .90 percent ~ Other services sector ($20,228) Year-over-year: wages up 4.20 percent; employment down 3.53 percent 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) Educational services (170) up .59 percent Page 19 of 24 Health care and social assistance (5,182) up 3.29 percent ~ Average yearly wage in the super-sector ($36,167) Educational services $17,182 down 1.96 percent relative to 2008 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) 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) Retail trade (3,155) down 2.68 percent Wholesale trade (535) down 13.71 percent Transportation and warehousing (520) up 1.96 percent Utilities (information not available) ~ Average yearly wage in the super-sector ( $27,503) Retail trade ($25,918) up 5.24 percent Wholesale trade ($39,644) down 1.05 percent Transportation and warehousing ($24,806) up 3.45 percent 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 Arts, entertainment and recreation (595) down 1.65 percent Accommodation and food services (2,210) down .23 percent ~ Average yearly wage in the super-sector ($18,731) Arts, entertainment and recreation ($24,708) up 7.46 percent 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. Government sector accounted for 24.32 percent of total employment 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 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) Year-over-year: wages up 6.33 percent; employment up 1.42 percent Percent of 2009 private employment: .97 percent ~ Mining ($54,875) Year-over-year: wages up 9.75 percent; employment down 15.50 percent Percent of 2009 private employment: .25 percent ~ Finance and insurance ($48,715) Year-over-year: wages up 3.93 percent; employment down 4.70 percent Percent of 2009 private employment: 3.94 percent ~ Wholesale trade ($45,983) Year-over year: wages up 3.81 percent; employment down 7.80 percent Percent of 2009 private employment: 2.78 percent ~ Manufacturing ($43,004) Year-over-year: wages down 5.29 percent; employment down 10.68 percent 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) Year-over-year: wages down 1.07 percent; employment down 5.55 percent Percent of 2009 private employment: 13.36 percent ~ Retail trade ($25,846) Year-over-year: wages up 1.18 percent; employment down 3.53 percent Percent of 2009 private employment: 20.26 percent ~ Other services ($23,392) Year-over-year: wages down 9.69 percent; employment down 2.45 percent Percent of 2009 private employment: 4.49 percent ~ Arts, entertainment and recreation ($21,639) Year-over-year: wages down .18 percent; employment down 6.86 percent 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 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 Retail trade (8,972) down 3.53 percent Wholesale trade (1,229) down 7.80 percent Transportation and warehousing (1,521) down 1.36 percent ~ Average yearly wage in the super-sector ($28,400) Retail trade ($25,846) up 1.18 percent Wholesale trade ($45,983) up 3.81 percent Transportation and warehousing ($29,265) up 4.27 percent 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 Educational services (802) no change Health care and social assistance(8,585) up .77 percent ~ Average yearly wage in the super-sector ($34,805) Educational services $25,330 up 1.22 percent relative to 2008 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) 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 Arts, entertainment and recreation (720) down 6.86 percent Accommodation and food services (5917) down 5.55 percent ~ Average yearly wage in the super-sector ($16,877) Arts, entertainment and recreation ($21,639) down .18 percent 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. Page 22 of 24 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) Year-over-year: wages down 5.86 percent; employment down 3.42 percent Percent of 2009 private employment: 2.72 percent ~ Finance and insurance ($126,223) Year-over-year: wages down 10.12 percent; employment down 8.88 percent Percent of 2009 private employment 5.41 percent ~ Utilities ($103,951) Year-over-year: wages down 1.93 percent; employment up 2.24 percent Percent of 2009 private employment: .94 percent ~ Manufacturing ($94,968) Year-over-year: wages down 3.42 percent; employment down 12.85 percent Percent of 2009 private employment: 4.62 percent ~ Professional and technical services ($91,600) Year-over-year: wages up 2.12 percent; employment down 2.79 percent 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) Year-over-year: wages down .36 percent; employment up .16 percent Percent of 2009 private employment: 6.94 percent ~ Retail trade ($31,461) Year-over-year: wages down .68 percent; employment down 5.84 percent Percent of 2009 private employment: 13.76 percent ~ Other services ($32,786) Year-over-year: wages up 3.61 percent; employment down 4.71 percent Percent of 2009 private employment: 5.69 percent ~ Arts, entertainment and recreation ($33,157) Year-over-year: wages down 2.59 percent; employment down 5.15 percent Percent of 2009 private employment: 2.61 percent Page 23 of 24 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) 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 Educational services (15,282) up 4.54 percent Health care and social assistance (64,409) down .51 percent ~ Average yearly wage in the super-sector ($48,292) Educational services $45,178 up 1.02 percent relative to 2008 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) 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 Retail trade (46,369) down 5.84 percent Wholesale trade (14,983) down 8.48 percent Transportation and warehousing (10,186) down 6.28 percent Utilities (3,153) up 2.24 percent ~ Average yearly wage in the super-sector ( $47,336) Retail trade ($31,461) down .68 percent Wholesale trade ($85,402) down 2.22 percent Transportation and warehousing ($46,082) down 5.92 percent Utilities ($103,951) down 1.93 percent 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 Professional and technical services (24,467) down 2.79 percent Management of companies and enterprises (9,165) down 3.42 percent Administration and waste services (19,166) down 9.71 percent ~ Average yearly wage in the super-sector ($89,580) Professional and technical services ($91,600) up 2.12 percent Management of companies and enterprises ($186,716) down 5.86 percent Administration and waste services ($40,903) up .74 percent Page 24 of 24