Department of Numbers

Albany-Schenectady-Troy, New York Unemployment

The BLS reported that the unemployment rate for Albany rose 0.1 percentage points in February 2021 to 5.3%. For the same month, the metro unemployment rate was 3.6 percentage points lower than the New York rate. The unemployment rate in Albany peaked in April 2020 at 13.0% and is now 7.7 percentage points lower. From a post peak low of 5.1% in November 2020, the unemployment rate has now grown by 0.2 percentage points. You can also compare Albany unemployment with unemployment in other cities.

Unemployment Rate February 2021 Month/Month Year/Year
National 6.2% -0.1 +2.7
New York 8.9% +0.1 +5.0
Albany 5.3% +0.1 +1.7
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with February 2021 data as March 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 33,777 fewer people unemployed in the metropolitan area. From a recent trough of 21,895 in November 2020, the number of unemployed has now grown by 1,926. Albany employment and jobs data (including jobs lost/gained in Albany, New York) is also available.

Unemployed Persons February 2021 Month/Month Year/Year
Albany 23,821 +486 +7,657

Number of Unemployed Persons

Albany, New York Unemployment History

Date National
Unemployment Rate
New York
Unemployment Rate
Albany
Unemployment Rate
Albany
Unemployed
March
2021
6.0%
February
2021
6.2% 8.9% 5.3% 23,821
January
2021
6.3% 8.8% 5.2% 23,335
December
2020
6.7% 8.7% 5.4% 23,436
November
2020
6.7% 8.7% 5.1% 21,895
October
2020
6.9% 8.7% 5.8% 24,864
September
2020
7.8% 10.0% 5.7% 24,951
August
2020
8.4% 11.7% 8.9% 40,607
July
2020
10.2% 14.7% 11.6% 53,462
June
2020
11.1% 15.0% 10.6% 47,297
May
2020
13.3% 15.7% 10.0% 45,308
April
2020
14.8% 16.2% 13.0% 57,598

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.