Albany-Schenectady-Troy, New York Job Growth

There were 405,700 jobs in Albany, New York in May 2020 according to the CES survey of employers. The CPS survey of households showed 408,275 employed persons for the month. Albany added 5,700 jobs in May 2020 according to the CES survey while the broader CPS measure of employment rose by 22,797 (Comparing CES and CPS employment numbers.). You can also compare Albany job growth to job growth in other cities.

Employment Survey	May 2020	Month/Month	Year/Year
CES	405,700	+5,700	-65,700
CPS	408,275	+22,797	-20,228

Note: The CPS survey data is now seasonally adjusted at the metropolitan level by with the new BLS SSA series.

Albany, New York Employment Changes

The charts below show the monthly job growth for Albany as measured by the CES and CPS surveys. To illustrate the trend, the 3 month moving average change in employment is shown in green.

CES Employment Change: 1 Month, Rolling 3 Month

CPS Employment Change: 1 Month, Rolling 3 Month

Total Employment for Albany, New York

CES employment for Albany peaked in November 2019 at 475,400. Since then 69,700 jobs have been lost in Albany according to the employer survey. From a trough of 400,000 in April 2020, Albany has gained 5,700 jobs according to CES employment figures.

CPS employment reached a maximum of 438,751 for Albany in September 2005. 30,476 jobs have been lost in Albany since then according to the household survey. From a April 2020 low of 385,478, Albany has added 22,797 jobs according to the CPS survey.

Employment: CES, CPS

Albany, New York Employment History

Date	CES Employment	CES Month/Month	CPS Employment	CPS Month/Month
May 2020	405,700	5,700	408,275	22,797
April 2020	400,000	-73,500	385,478	-53,180
March 2020	473,500	-1,400	438,658	578
February 2020	474,900	-200	438,080	1,734
January 2020	475,100	400	436,346	-539
December 2019	474,700	-700	436,885	1,157
November 2019	475,400	1,500	435,728	1,424
October 2019	473,900	1,300	434,304	1,609
September 2019	472,600	1,000	432,695	1,699
August 2019	471,600	300	430,996	1,504
July 2019	471,300	100	429,492	888
June 2019	471,200	-200	428,604	101