Department of Numbers

Albany-Schenectady-Troy, New York Unemployment

The BLS reported that the unemployment rate for Albany fell 0.1 percentage points in March 2022 to 3.0%. For the same month, the metro unemployment rate was 1.6 percentage points lower than the New York rate. The unemployment rate in Albany peaked in April 2020 at 14.4% and is now 11.4 percentage points lower. You can also compare Albany unemployment with unemployment in other cities.

Unemployment Rate March 2022 Month/Month Year/Year
National 3.6% -0.2 -2.4
New York 4.6% -0.3 -3.3
Albany 3.0% -0.1 -2.1
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with March 2022 data as April 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 April 2020 at 64,559. There are now 51,048 fewer people unemployed in the metropolitan area. Albany employment and jobs data (including jobs lost/gained in Albany, New York) is also available.

Unemployed Persons March 2022 Month/Month Year/Year
Albany 13,511 -266 -9,352

Number of Unemployed Persons

Albany, New York Unemployment History

Date National
Unemployment Rate
New York
Unemployment Rate
Albany
Unemployment Rate
Albany
Unemployed
April
2022
3.6%
March
2022
3.6% 4.6% 3.0% 13,511
February
2022
3.8% 4.9% 3.1% 13,777
January
2022
4.0% 5.3% 3.2% 14,520
December
2021
3.9% 5.4% 3.5% 15,690
November
2021
4.2% 5.4% 3.5% 15,596
October
2021
4.6% 5.7% 3.5% 15,818
September
2021
4.7% 6.0% 3.8% 16,861
August
2021
5.2% 6.6% 4.1% 18,163
July
2021
5.4% 6.9% 4.4% 19,534
June
2021
5.9% 7.4% 4.6% 20,751
May
2021
5.8% 7.4% 4.8% 21,675

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.