Department of Numbers

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

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 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

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.