Department of Numbers

Albany-Schenectady-Troy, New York Unemployment

The BLS reported that the unemployment rate for Albany fell 0.0 percentage points in December 2017 to 4.5%. For the same month, the metro unemployment rate was 0.1 percentage points lower than the New York rate. The unemployment rate in Albany peaked in June 2012 at 7.6% and is now 3.1 percentage points lower. From a post peak low of 3.8% in March 2017, the unemployment rate has now grown by 0.7 percentage points. You can also compare Albany unemployment with unemployment in other cities.

Unemployment Rate December 2017 Month/Month Year/Year
National 4.1% 0.0 -0.6
New York 4.6% -0.1 -0.2
Albany 4.5% 0.0 +0.4
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with December 2017 data as January metro level unemployment data has not yet been released.

Unemployment Rate: Albany, New York, National

Albany, New York monthly unemployment rate chart

Note: Recessions shown in gray.

Albany, New York Unemployed

The number of people unemployed in Albany peaked in June 2012 at 34,509. There are now 14,558 fewer people unemployed in the metropolitan area. From a recent trough of 16,941 in March 2017, the number of unemployed has now grown by 3,010. Albany employment and jobs data (including jobs lost/gained in Albany, New York) is also available.

Unemployed Persons December 2017 Month/Month Year/Year
Albany 19,951 -408 +1,613

Number of Unemployed Persons

Albany, New York Unemployment History

Date National
Unemployment Rate
New York
Unemployment Rate
Albany
Unemployment Rate
Albany
Unemployed
January
2018
4.1%
December
2017
4.1% 4.6% 4.5% 19,951
November
2017
4.1% 4.7% 4.5% 20,359
October
2017
4.1% 4.8% 4.4% 19,700
September
2017
4.2% 4.9% 4.4% 19,610
August
2017
4.4% 4.8% 4.4% 19,468
July
2017
4.3% 4.7% 4.3% 19,085
June
2017
4.3% 4.5% 4.3% 18,974
May
2017
4.3% 4.4% 4.1% 18,393
April
2017
4.4% 4.3% 4.0% 18,068
March
2017
4.5% 4.3% 3.8% 16,941
February
2017
4.7% 4.4% 4.0% 17,645

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.