Department of Numbers

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

CES and CPS employment chart through May 2020

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