Department of Numbers

Albany-Schenectady-Troy, New York Unemployment

The BLS reported that the unemployment rate for Albany fell 0.7 percentage points in November 2020 to 5.1%. For the same month, the metro unemployment rate was 3.3 percentage points lower than the New York rate. The unemployment rate in Albany peaked in April 2020 at 13.0% and is now 7.9 percentage points lower. You can also compare Albany unemployment with unemployment in other cities.

Unemployment Rate November 2020 Month/Month Year/Year
National 6.7% -0.2 +3.1
New York 8.4% -0.8 +4.5
Albany 5.1% -0.7 +1.3
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2020 data as December 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 35,611 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 November 2020 Month/Month Year/Year
Albany 21,987 -2,877 +4,893

Number of Unemployed Persons

Albany, New York Unemployment History

Date National
Unemployment Rate		 New York
Unemployment Rate		 Albany
Unemployment Rate		 Albany
Unemployed
December
2020		 6.7% — — —
November
2020		 6.7% 8.4% 5.1% 21,987
October
2020		 6.9% 9.2% 5.8% 24,864
September
2020		 7.8% 9.7% 5.7% 24,951
August
2020		 8.4% 12.5% 8.9% 40,607
July
2020		 10.2% 15.9% 11.6% 53,462
June
2020		 11.1% 15.6% 10.6% 47,297
May
2020		 13.3% 14.5% 10.0% 45,308
April
2020		 14.8% 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		 3.5% 3.8% 3.7% 16,624

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. ↩

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