Binghamton, New York Unemployment
The BLS reported that the unemployment rate for Binghamton rose 0.1 percentage points in December 2018 to 4.2%. For the same month, the metro unemployment rate was 0.3 percentage points higher than the New York rate. The unemployment rate in Binghamton peaked in July 2012 at 8.9% and is now 4.7 percentage points lower. From a post peak low of 4.1% in November 2018, the unemployment rate has now grown by 0.1 percentage points. You can also compare Binghamton unemployment with unemployment in other cities.
Unemployment Rate | December 2018 | Month/Month | Year/Year |
---|---|---|---|
National | 3.9% | +0.2 | -0.2 |
New York | 3.9% | 0.0 | -0.8 |
Binghamton | 4.2% | +0.1 | -1.4 |
Unemployment Rate: Binghamton, New York, National
Note: Recessions shown in gray.
Binghamton, New York Unemployed
The number of people unemployed in Binghamton peaked in February 2010 at 10,999. There are now 6,380 fewer people unemployed in the metropolitan area. From a recent trough of 4,481 in November 2018, the number of unemployed has now grown by 138. Binghamton employment and jobs data (including jobs lost/gained in Binghamton, New York) is also available.
Unemployed Persons | December 2018 | Month/Month | Year/Year |
---|---|---|---|
Binghamton | 4,619 | +138 | -1,384 |
Number of Unemployed Persons
Binghamton, New York Unemployment History
Date | National Unemployment Rate |
New York Unemployment Rate |
Binghamton Unemployment Rate |
Binghamton Unemployed |
---|---|---|---|---|
January 2019 |
4.0% | — | — | — |
December 2018 |
3.9% | 3.9% | 4.2% | 4,619 |
November 2018 |
3.7% | 3.9% | 4.1% | 4,481 |
October 2018 |
3.8% | 4.0% | 4.4% | 4,779 |
September 2018 |
3.7% | 4.1% | 4.6% | 4,936 |
August 2018 |
3.8% | 4.2% | 5.0% | 5,319 |
July 2018 |
3.9% | 4.3% | 4.9% | 5,224 |
June 2018 |
4.0% | 4.5% | 4.9% | 5,252 |
May 2018 |
3.8% | 4.5% | 5.0% | 5,369 |
April 2018 |
3.9% | 4.6% | 5.7% | 6,057 |
March 2018 |
4.0% | 4.6% | 5.7% | 6,137 |
February 2018 |
4.1% | 4.6% | 5.8% | 6,236 |
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. ↩