Albany-Schenectady-Troy, New York Unemployment

The BLS reported that the unemployment rate for Albany rose 1.0 percentage points in July 2020 to 11.6%. For the same month, the metro unemployment rate was 4.3 percentage points lower than the New York rate. The unemployment rate in Albany peaked in April 2020 at 13.0% and is now 1.4 percentage points lower. From a post peak low of 10.0% in May 2020, the unemployment rate has now grown by 1.6 percentage points. You can also compare Albany unemployment with unemployment in other cities.

Unemployment Rate	July 2020	Month/Month	Year/Year
National	10.2%	-0.9	+6.5
New York	15.9%	+0.3	+12.0
Albany	11.6%	+1.0	+8.0

Note: Metro level data is now seasonally adjusted.¹ All comparisons are made with July 2020 data as August metro level unemployment data has not yet been released.

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 3,931 fewer people unemployed in the metropolitan area. From a recent trough of 45,308 in May 2020, the number of unemployed has now grown by 8,359. Albany employment and jobs data (including jobs lost/gained in Albany, New York) is also available.

Unemployed Persons	July 2020	Month/Month	Year/Year
Albany	53,667	+6,370	+37,418

Number of Unemployed Persons

Albany, New York Unemployment History

Date	National Unemployment Rate	New York Unemployment Rate	Albany Unemployment Rate	Albany Unemployed
August 2020	8.4%	12.5%	—	—
July 2020	10.2%	15.9%	11.6%	53,667
June 2020	11.1%	15.6%	10.6%	47,297
May 2020	13.3%	14.5%	10.0%	45,308
April 2020	14.7%	15.3%	13.0%	57,598
March 2020	4.4%	4.1%	3.9%	17,825
February 2020	3.5%	3.7%	3.6%	16,164
January 2020	3.6%	3.8%	3.7%	16,624
December 2019	3.5%	3.9%	3.8%	17,275
November 2019	3.5%	3.9%	3.8%	17,094
October 2019	3.6%	3.9%	3.7%	16,893
September 2019	3.5%	3.9%	3.7%	16,670