Binghamton, New York Unemployment
The BLS reported that the unemployment rate for Binghamton fell 0.0 percentage points in September 2022 to 3.8%. For the same month, the metro unemployment rate was 0.5 percentage points lower than the New York rate. The unemployment rate in Binghamton peaked in April 2020 at 17.8% and is now 14.0 percentage points lower. From a post peak low of 3.5% in April 2022, the unemployment rate has now grown by 0.3 percentage points. You can also compare Binghamton unemployment with unemployment in other cities.
| Unemployment Rate | September 2022 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.5% | -0.2 | -1.2 |
| New York | 4.3% | -0.4 | -1.7 |
| Binghamton | 3.8% | 0.0 | -0.8 |
Unemployment Rate: Binghamton, New York, National
Note: Recessions shown in gray.
Binghamton, New York Unemployed
The number of people unemployed in Binghamton peaked in April 2020 at 18,710. There are now 14,703 fewer people unemployed in the metropolitan area. From a recent trough of 3,638 in April 2022, the number of unemployed has now grown by 369. Binghamton employment and jobs data (including jobs lost/gained in Binghamton, New York) is also available.
| Unemployed Persons | September 2022 | Month/Month | Year/Year |
|---|---|---|---|
| Binghamton | 4,007 | +7 | -752 |
Number of Unemployed Persons
Binghamton, New York Unemployment History
| Date | National Unemployment Rate |
New York Unemployment Rate |
Binghamton Unemployment Rate |
Binghamton Unemployed |
|---|---|---|---|---|
| October 2022 |
3.7% | — | — | — |
| September 2022 |
3.5% | 4.3% | 3.8% | 4,007 |
| August 2022 |
3.7% | 4.7% | 3.8% | 4,000 |
| July 2022 |
3.5% | 4.3% | 3.7% | 3,847 |
| June 2022 |
3.6% | 4.4% | 3.6% | 3,729 |
| May 2022 |
3.6% | 4.4% | 3.5% | 3,679 |
| April 2022 |
3.6% | 4.5% | 3.5% | 3,638 |
| March 2022 |
3.6% | 4.6% | 3.6% | 3,686 |
| February 2022 |
3.8% | 4.9% | 3.7% | 3,783 |
| January 2022 |
4.0% | 5.3% | 3.9% | 4,022 |
| December 2021 |
3.9% | 5.4% | 4.2% | 4,369 |
| November 2021 |
4.2% | 5.4% | 4.2% | 4,358 |
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. ↩
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
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