Department of Numbers

Watertown-Fort Drum, New York Unemployment

The BLS reported that the unemployment rate for Watertown fell 0.1 percentage points in March 2018 to 6.7%. For the same month, the metro unemployment rate was 2.1 percentage points higher than the New York rate. The unemployment rate in Watertown peaked in February 2012 at 10.2% and is now 3.5 percentage points lower. From a post peak low of 5.8% in January 2016, the unemployment rate has now grown by 0.9 percentage points. You can also compare Watertown unemployment with unemployment in other cities.

Unemployment Rate March 2018 Month/Month Year/Year
National 4.1% 0.0 -0.4
New York 4.6% 0.0 -0.1
Watertown 6.7% -0.1 +0.3
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with March 2018 data as April 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 February 2012 at 4,904. There are now 1,869 fewer people unemployed in the metropolitan area. From a recent trough of 2,725 in January 2016, the number of unemployed has now grown by 310.

Unemployed Persons March 2018 Month/Month Year/Year
Watertown 3,035 -48 +122

Number of Unemployed Persons

Watertown, New York Unemployment History

Date National
Unemployment Rate
New York
Unemployment Rate
Watertown
Unemployment Rate
Watertown
Unemployed
April
2018
3.9%
March
2018
4.1% 4.6% 6.7% 3,035
February
2018
4.1% 4.6% 6.8% 3,083
January
2018
4.1% 4.7% 6.7% 3,076
December
2017
4.1% 4.7% 6.7% 3,065
November
2017
4.1% 4.7% 6.7% 3,031
October
2017
4.1% 4.7% 6.6% 2,972
September
2017
4.2% 4.7% 6.6% 2,974
August
2017
4.4% 4.7% 6.6% 2,990
July
2017
4.3% 4.7% 6.5% 2,954
June
2017
4.3% 4.7% 6.5% 2,947
May
2017
4.3% 4.7% 6.5% 2,973

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.