Albany-Schenectady-Troy, New York Unemployment
The BLS reported that the unemployment rate for Albany rose 0.1 percentage points in February 2021 to 5.3%. For the same month, the metro unemployment rate was 3.6 percentage points lower than the New York rate. The unemployment rate in Albany peaked in April 2020 at 13.0% and is now 7.7 percentage points lower. From a post peak low of 5.1% in November 2020, the unemployment rate has now grown by 0.2 percentage points. You can also compare Albany unemployment with unemployment in other cities.
| Unemployment Rate | February 2021 | Month/Month | Year/Year |
|---|---|---|---|
| National | 6.2% | -0.1 | +2.7 |
| New York | 8.9% | +0.1 | +5.0 |
| Albany | 5.3% | +0.1 | +1.7 |
Unemployment Rate: Albany, New York, National
Note: Recessions shown in gray.
Albany, New York Unemployed
The number of people unemployed in Albany peaked in April 2020 at 57,598. There are now 33,777 fewer people unemployed in the metropolitan area. From a recent trough of 21,895 in November 2020, the number of unemployed has now grown by 1,926. Albany employment and jobs data (including jobs lost/gained in Albany, New York) is also available.
| Unemployed Persons | February 2021 | Month/Month | Year/Year |
|---|---|---|---|
| Albany | 23,821 | +486 | +7,657 |
Number of Unemployed Persons
Albany, New York Unemployment History
| Date | National Unemployment Rate |
New York Unemployment Rate |
Albany Unemployment Rate |
Albany Unemployed |
|---|---|---|---|---|
| March 2021 |
6.0% | — | — | — |
| February 2021 |
6.2% | 8.9% | 5.3% | 23,821 |
| January 2021 |
6.3% | 8.8% | 5.2% | 23,335 |
| December 2020 |
6.7% | 8.7% | 5.4% | 23,436 |
| November 2020 |
6.7% | 8.7% | 5.1% | 21,895 |
| October 2020 |
6.9% | 8.7% | 5.8% | 24,864 |
| September 2020 |
7.8% | 10.0% | 5.7% | 24,951 |
| August 2020 |
8.4% | 11.7% | 8.9% | 40,607 |
| July 2020 |
10.2% | 14.7% | 11.6% | 53,462 |
| June 2020 |
11.1% | 15.0% | 10.6% | 47,297 |
| May 2020 |
13.3% | 15.7% | 10.0% | 45,308 |
| April 2020 |
14.8% | 16.2% | 13.0% | 57,598 |
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. ↩
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
Here's where you are
- Home
- / Unemployment
- / New York
- / Albany
