Department of Numbers

Albany-Schenectady-Troy, New York Unemployment

The BLS reported that the unemployment rate for Albany fell 0.1 percentage points in October 2018 to 3.5%. For the same month, the metro unemployment rate was 0.5 percentage points lower than the New York rate. The unemployment rate in Albany peaked in June 2012 at 7.6% and is now 4.1 percentage points lower. You can also compare Albany unemployment with unemployment in other cities.

Unemployment Rate October 2018 Month/Month Year/Year
National 3.7% 0.0 -0.4
New York 4.0% -0.1 -0.7
Albany 3.5% -0.1 -0.9
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with October 2018 data as November 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 June 2012 at 34,458. There are now 18,317 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 October 2018 Month/Month Year/Year
Albany 16,141 -353 -3,841

Number of Unemployed Persons

Albany, New York Unemployment History

Date National
Unemployment Rate
New York
Unemployment Rate
Albany
Unemployment Rate
Albany
Unemployed
November
2018
3.7%
October
2018
3.7% 4.0% 3.5% 16,141
September
2018
3.7% 4.1% 3.6% 16,494
August
2018
3.9% 4.2% 3.8% 17,075
July
2018
3.9% 4.3% 3.8% 16,934
June
2018
4.0% 4.5% 3.9% 17,426
May
2018
3.8% 4.5% 4.0% 17,834
April
2018
3.9% 4.6% 4.4% 19,847
March
2018
4.1% 4.6% 4.5% 20,068
February
2018
4.1% 4.6% 4.5% 20,109
January
2018
4.1% 4.7% 4.3% 19,596
December
2017
4.1% 4.7% 4.5% 20,087

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.