“Even with the significant gains of the past couple of years, it is only now, six years after the recession ended, that the labor market is approaching its full strength. I say ‘approaching’ because in my judgment we are not there yet.”
-- Janet Yellen addressing the Providence Chamber of Commerce, May 22
Though the Ulster County non-farm labor force increased by 500 jobs over the past year, the 60,900 total in April 2015 was still 2900 jobs fewer than it was a decade ago, according to state labor statistics. Using the same statistical source, the Hudson Valley regional labor force dropped by 27,700 in the past decade.
This page can be viewed only by subscribers.
Have an e-subscription or Hudson Valley One Premium membership? Log in
Not yet a subscriber? Sign up here.