Lake Champlain - Lake George Regional Planning Board
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Economic Sectors and State of the Regional Economy

  • The region has seen 3% decline in employment from 2005 - 2018.
  • The major industries in the region include Public Administration; Arts, Entertainment & Recreation; Unclassified; Accommodations & Food Service; and Retail Trade.
  • The LC-LG Region has a wide seasonal variation in employment levels.
  • Within the LC-LG Region only two counties lost establishments between 2011-2018, Clinton (85) and Warren (67). The remaining counties gained a total of 47 establishments over the same period.
  • The average annual earnings in the LC-LG Region share trends with the national and state averages, however, the LC-LG Region is well below state and national averages for income earners over $75,000.
  • As of December 2020, unemployment rates within all five counties were below the New York State (8.1%) and national (6.7%) averages.

Employment

In the 2015-2019 American Community Survey 5-year estimates, the five county region had 209,225 people 16 and over in the labor force or roughly 56.1% of that labor force population. This is lower than New York State (63.2%) and the United States (63.4%). 

Employment numbers for those residing within Clinton, Essex, Hamilton, Warren and Washington Counties from 2005 – 2018
Year
Clinton
Essex
Hamilton
Warren
Washington
LC-LG Region
2018
 24,650
10,196
928
31,223
10,700
77,697
2017
24,533
9,966
958
31,450
10,662
77,569
2016
24,672
9,865
861
31,682
10,292
77,372
2015
24,254
10,089
848
31,342
10,324
76,857
2014
25,422
9,886
839
31,200
10,449
77,796
2013
25,311
10,365
855
30,701
10,161
77,393
2012
25,010
10,851
802
31,512
10,040
78,215
2011
25,840
9,974
814
31,304
9,626
77,558
2010
25,833
9,711
856
31,125
9,511
77,036
2009
25,590
9,766
826
31,537
9,498
77,217
2008
26,346
9,995
848
33,279
9,967
80,435
2007
25,756
10,077
866
32,965
10,005
79,669
2006
26,483
9,872
771
32,568
9,849
79,543
2005
26,498
9,913
821
33,107
9,832
80,171
Source: U.S. Census Bureau, 2005 - 2018 County Business Patterns. County Business Patterns defines employment as all full- and part-time employees who were on the payroll during the pay period that includes March 12. Data are obtained from Census Bureau reports and administrative records from other federal agencies.

Establishments

Only two counties (Clinton and Warren) have shown a decrease in the number of establishments from 2011 – 2018. There has also been a decrease in the number of retail trade establishments in that seven year period within all the counties, however, this still remains one of the major industries in the region. All five counties have seen an increase in the number of accommodation and food service establishments, as well as an increase in health care and social assistance establishments in Essex, Hamilton, and Warren Counties. In total, there has been a loss of 105 establishments throughout the region since 2011 (2% decrease).

Total number of industry establishments within each county in 2011, 2016, and 2018.
Industry
Number of Establishments
Clinton
Essex
Hamilton
Warren
Washington
2018
2016
2011
2018
2016
2011
2018
2016
2011
2018
2011
2011
2018
2016
2011
Ag, Forestry, Fishing & Hunting 
10
9
13
14
15
13
4
3
6
9
8
10
9
6
5
Mining, Quarrying, Oil/ Gas Extraction 
3
4
4
3
2
2
0
1
1
5
4
4
6
6
6
Utilities
8
7
6
5
5
5
0
1
0
7
7
6
0
2
1
Construction
148
152
165
137
134
132
29
30
35
201
207
205
155
142
161
Manufacturing 
84
83
85
26
33
27
0
3
3
72
79
79
92
87
90
Wholesale Trade 
82
88
106
13
14
14
3
2
0
58
65
69
28
28
33
Retail Trade
341
359
370
201
202
204
30
33
32
395
414
434
179
187
187
Transportation & Warehousing 
125
112
120
18
18
17
3
3
4
38
37
40
37
30
22
Information 
31
31
37
26
29
25
4
4
4
38
39
34
16
20
15
Finance and Insurance 
87
85
86
44
43
49
5
4
4
89
94
96
37
38
40
Real Estate and Rental/Leasing 
81
81
79
37
37
30
7
4
9
74
77
69
22
21
17
Professional Science & Technical Services 
116
107
116
70
64
69
0
3
3
145
148
169
64
64
62
Management of Companies & Enterprises 
6
3
3
3
4
4
0
0
1
14
14
12
3
3
3
Admin, Waste Management and remediation 
72
70
67
45
51
43
8
8
6
92
102
96
62
50
43
Educational Services 
13
11
13
24
21
23
0
1
1
19
19
16
4
4
5
Health Care & Social Assistance 
224
232
238
161
149
146
7
6
5
281
279
275
101
98
104
Arts, Entertainment & Recreation 
29
31
30
44
46
48
15
15
14
93
94
103
32
32
38
Accommodations & Food Service 
207
195
196
218
214
203
62
60
54
427
429
422
114
118
119
Other (excluding public admin)
152
161
174
101
92
102
15
17
14
206
198
190
111
117
116
Not classified 
0
5
1
3
4
3
0
1
0
0
3
2
0
2
0
Total
1,824
1,826
1,909
1,193
1,177
1,159
200
199
196
2,264
2,317
2,331
1,076
1,052
1,067
Source: U.S. Census Bureau, 2011, 2016 and 2018 County Business Patterns.

Average Annual Earning

The majority of the full-time, year round workers within the LC-LG region earn between $25,000 and $64,999 per year.

Average Annual Earnings for full-time, year round workers residing in the five counties, LC-LG Region, New York and United States
Region
$1 – $9.99k
$10k – $14.99k
$15k - $24.99k
$25k - $34.99k
$35k - $49.99k 
$50k - $64.99k
$65k - $74.99k
$75k - $99.99k
$100k or more 
Clinton
2.1%
3.4%
10.9%
17.7%
22.4%
18.5%
7.4%
10.1%
7.4%
Essex
3.3%
2.4%
12.5%
20.2%
22.7%
16.1%
5.2%
9.9%
7.8%
Hamilton
0.8%
2.3%
11.9%
18.3%
34.4%
19.4%
4.9%
3.9%
4.0%
Warren
1.8%
1.5%
9.2%
17.4%
23.0%
17.8%
8.2%
10.7%
10.5%
Washington
1.7%
2.6%
11.6%
18.6%
24.8%
19.2%
5.7%
8.8%
7.1%
LC-LG Region
 1.9% 
 2.4% 
 11.2% 
 18.4% 
 25.5% 
 18.2% 
 6.3% 
 8.7% 
 7.4% 
NYS
1.4%
2.3%
9.5%
13.1%
17.8%
15.8%
6.6%
13.1%
20.3%
USA
1.6%
2.8%
11.6%
15.6%
19.6%
15.7%
6.1%
11.2%
15.8%
Source: U.S. Census Bureau, 2015-2019 American Community Survey 5-Year Estimates

Unemployment

Although unemployment rates have decreased since the end of the national recession, they still fluctuate above and below the state and national averages during any given year. Typically, the only time that rates go below the state and national average are within the summer months. 

Normally, Hamilton County typically has the highest unemployment rate within the winter months, many times reaching double digits, which can be attributed to the higher rate of employment within the natural resource extraction and accommodations industries during the summer months. Essex and Warren Counties also have a high fluctuation in unemployment rates between summer and winter months, with much higher unemployment beginning in November and decreasing again in May.   

In 2020, businesses across New York State were forced to close as a result of the COVID-19 pandemic. At the beginning of the pandemic, unemployment levels were three times higher than normal, however, these rates were consistent with the state and national rates. 

While unemployment rates were exceptionally high in the beginning of 2020, from August through December unemployment rates for the LCLG region returned closer to pre-pandemic levels. Additionally, during this period of 2020, the unemployment rates throughout LCLG region were significantly less than state and national rates.

Monthly Unemployment Rates for the five counties, New York State and United States
Month
2020 Unemployment Rates
Clinton
Essex
Hamilton
Warren
Washington
NYS
USA
Jan.
5.6
6.0
8.8
5.9
5.1
4.1
3.5
Feb.
5.0
5.8
8.7
5.3
4.8
3.9
3.5
Mar.
5.2
6.2
9.2
5.7
4.9
4.2
4.4
Apr.
15.2
17.1
14.2
17.3
14.1
15.1
14.8
May
10.9
11.6
9.1
12.1
9.8
14.2
13.3
Jun.
10.1
10.3
7.6
11.5
9.5
15.5
11.1
Jul.
11.0
10.5
7.3
11.5
10.6
16.0
10.2
Aug.
7.9
7.5
5.6
8.4
7.8
12.5
8.4
Sep.
4.8
4.6
4.0
5.2
4.7
9.3
7.8
Oct.
5.2
 5.1
4.3
5.6
5.1
9.0
6.9
Nov.
4.6
5.1
 5.7
 5.4
 4.6
 8.1
6.7
Dec.
5.8
5.9
 6.1
 6.4
 5.3
 8.1
6.7
Source: U.S. Department of Labor, Bureau of Labor Statistics
> Clinton County
> Essex County
> Hamilton County
> Warren County
> Washington County