Department of Numbers

Watertown-Fort Drum, New York Unemployment

The BLS reported that the unemployment rate for Watertown rose 0.1 percentage points in May 2021 to 5.5%. For the same month, the metro unemployment rate was 2.3 percentage points lower than the New York rate. The unemployment rate in Watertown peaked in April 2020 at 17.8% and is now 12.3 percentage points lower. From a post peak low of 5.2% in January 2021, the unemployment rate has now grown by 0.3 percentage points. You can also compare Watertown unemployment with unemployment in other cities.

Unemployment Rate May 2021 Month/Month Year/Year
National 5.8% -0.3 -7.5
New York 7.8% -0.4 -7.9
Watertown 5.5% +0.1 -7.9
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with May 2021 data as June metro level unemployment data has not yet been released.

Unemployment Rate: Watertown, New York, National

Watertown, New York monthly unemployment rate chart

Note: Recessions shown in gray.

Watertown, New York Unemployed

The number of people unemployed in Watertown peaked in April 2020 at 7,490. There are now 5,118 fewer people unemployed in the metropolitan area. From a recent trough of 2,299 in January 2021, the number of unemployed has now grown by 73.

Unemployed Persons May 2021 Month/Month Year/Year
Watertown 2,372 +17 -3,289

Number of Unemployed Persons

Watertown, New York Unemployment History

Date National
Unemployment Rate
New York
Unemployment Rate
Watertown
Unemployment Rate
Watertown
Unemployed
June
2021
5.9%
May
2021
5.8% 7.8% 5.5% 2,372
April
2021
6.1% 8.2% 5.4% 2,355
March
2021
6.0% 8.4% 5.4% 2,349
February
2021
6.2% 8.9% 5.3% 2,322
January
2021
6.3% 8.8% 5.2% 2,299
December
2020
6.7% 8.7% 5.4% 2,365
November
2020
6.7% 8.7% 5.7% 2,480
October
2020
6.9% 8.7% 6.0% 2,643
September
2020
7.8% 10.0% 6.6% 2,879
August
2020
8.4% 11.7% 9.0% 3,868
July
2020
10.2% 14.7% 11.7% 5,098

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.