While Gov. Hochul vowed to provide funding to adequately finance MTA projects, at press time no firm plans have been released.
According to the FBI’s 2023 Internet Crime Complaint Center Report, there were more than 101,068 complaints filed by individuals over 60 years old resulting in more than $3.4 billion in losses in 2023.
A well-known business leader, Weale was perhaps best known for co-founding Country Bank in Carmel and later serving as President and CEO of the Putnam County Economic Development Corp. for 13 years.
ALBANY—The Hudson Valley region continues to show signs of recovery from the coronavirus pandemic. The unemployment rate for the Hudson Valley region fell from 6% in March to 5.3% in April, according to figures released by the New York State Department of Labor.
April 2021’s unemployment rate was down significantly from a year earlier during the early days of the COVID-19 pandemic and mandated shutdowns when the Hudson Valley region’s jobless rate stood at 15.7%.
The Hudson Valley region’s April 2021 unemployment rate was ranked second lowest among the 10 Labor Market Regions in New York State, trailing only the Capital Region (5.0%). Other region’s unemployment rates were: Long Island 5.4%, Southern Tier 5.4%, Finger Lakes 5.6%, Central New York 5.7%, North Country 5.8%, Mohawk Valley 6.0%, Western New York 6.2% and New York City 10.8%.
In April 2021, the lowest unemployment rate within the Hudson Valley region was recorded in Putnam County at 4.8%.
Hudson Valley Unemployment Rates
April 2021
Putnam County 4.8%
Rockland County 5.0%
Dutchess County 5.1%
Orange County 5.3%
Ulster County 5.3%
Westchester County 5.6%
Sullivan County 5.8%
The unemployment rate for the Bronx in April was the highest in the state at 15.0%. The unemployment rate in New York County (Manhattan) was 8.3% in April.
In terms of metro areas, the Dutchess-Putnam metropolitan division was tied for second lowest statewide with Albany-Schenectady-Troy at 5.0%. The Orange-Rockland-Westchester area’s unemployment rate in April tied for fifth lowest with Nassau-Suffolk at 5.4%. New York City came in last among local metros ith a 10.8% jobless rate.
Last week, the New York State Department of Labor reported the number of private sector jobs in New York State increased over the month by 28,100, or 0.4%, to 7,445,200 in April 2021. By comparison, the number of private sector jobs in the U.S. increased by 0.2% in April 2021.
New York State’s seasonally adjusted unemployment rate decreased from 8.4% to 8.2% in April 2021.
While Gov. Hochul vowed to provide funding to adequately finance MTA projects, at press time no firm plans have been released.
A well-known business leader, Weale was perhaps best known for co-founding Country Bank in Carmel and later serving as President and CEO of the Putnam County Economic Development Corp. for 13 years.
Existing-home sales in the Northeast in June withdrew 2.1% from May to an annual rate of 470,000, a decline of 6% from June 2023.
One requirement of the law mandating the use of written contracts for compensation will impact NYS brokers significantly.
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