Full Employment

Month over Month Yearly Trend in Local Area Employment Statistics

Poughkeepsie-Newburgh-Middletown, NY

US Department of Labor Bureau of Labor Statistics
Data Extracted February 3, 2012


Year PeriodLabor forceEmploymentUnemploymentUnemployment rate
2006 Jul 333,761 318,993 14,768 4.4
2006 Dec 325,545 313,834 11,711 3.6
2007 Dec 325,606 311,562 14,044 4.3
2008 Dec 325,923 306,036 19,887 6.1
2009 Dec 320,577 294,963 25,614 8.0
2010 Dec 318,799 294,549 24,250 7.6
2011 Dec 315,889(P) 292,776(P) 23,113(P) 7.3(P)
P : Preliminary

The Unemployment Rate is a nearly meaningless indicator of the health of our regional economy. Workers dropping out of the statistics paint a false picture of improvement.

Measuring the Employment Rate is a slightly better, but also incomplete measure. We also need to know about the quality and the wage, salary and benefit levels those jobs pay.

To improve our Regional Economic Health, we must first be honest with where we are. Only then, can we, work to reverse the declining trend line shown above.