Department of Numbers

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

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 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

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.