Albany-Schenectady-Troy, New York Unemployment

The BLS reported that the unemployment rate for Albany fell 0.0 percentage points in July 2019 to 3.4%. For the same month, the metro unemployment rate was 0.6 percentage points lower than the New York rate. The unemployment rate in Albany peaked in May 2012 at 7.6% and is now 4.2 percentage points lower. From a post peak low of 3.4% in February 2019, the unemployment rate has now grown by 0.0 percentage points. You can also compare Albany unemployment with unemployment in other cities.

Unemployment Rate	July 2019	Month/Month	Year/Year
National	3.7%	0.0	-0.2
New York	4.0%	0.0	0.0
Albany	3.4%	0.0	-0.2

Note: Metro level data is now seasonally adjusted.¹ All comparisons are made with July 2019 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 May 2012 at 34,361. There are now 19,137 fewer people unemployed in the metropolitan area. From a recent trough of 15,195 in June 2019, the number of unemployed has now grown by 29. Albany employment and jobs data (including jobs lost/gained in Albany, New York) is also available.

Unemployed Persons	July 2019	Month/Month	Year/Year
Albany	15,224	+29	-989

Number of Unemployed Persons

Albany, New York Unemployment History

Date	National Unemployment Rate	New York Unemployment Rate	Albany Unemployment Rate	Albany Unemployed
September 2019	3.5%	—	—	—
August 2019	3.7%	4.0%	—	—
July 2019	3.7%	4.0%	3.4%	15,224
June 2019	3.7%	4.0%	3.4%	15,195
May 2019	3.6%	4.0%	3.4%	15,499
April 2019	3.6%	3.9%	3.4%	15,503
March 2019	3.8%	3.9%	3.4%	15,571
February 2019	3.8%	3.9%	3.4%	15,603
January 2019	4.0%	3.9%	3.5%	15,854
December 2018	3.9%	3.9%	3.5%	16,043
November 2018	3.7%	3.9%	3.5%	15,999
October 2018	3.8%	3.8%	3.5%	15,883