Department of Numbers

Watertown-Fort Drum, New York Unemployment

The BLS reported that the unemployment rate for Watertown rose 0.1 percentage points in October 2019 to 5.6%. For the same month, the metro unemployment rate was 1.6 percentage points higher than the New York rate. The unemployment rate in Watertown peaked in January 2012 at 10.1% and is now 4.5 percentage points lower. From a post peak low of 5.0% in February 2019, the unemployment rate has now grown by 0.6 percentage points. You can also compare Watertown unemployment with unemployment in other cities.

Unemployment Rate October 2019 Month/Month Year/Year
National 3.6% +0.1 -0.2
New York 4.0% +0.1 +0.2
Watertown 5.6% +0.1 +0.4
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with October 2019 data as November 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 2012 at 4,894. There are now 2,421 fewer people unemployed in the metropolitan area. From a recent trough of 2,226 in April 2019, the number of unemployed has now grown by 247.

Unemployed Persons October 2019 Month/Month Year/Year
Watertown 2,473 +56 +142

Number of Unemployed Persons

Watertown, New York Unemployment History

Date National
Unemployment Rate
New York
Unemployment Rate
Watertown
Unemployment Rate
Watertown
Unemployed
November
2019
3.5%
October
2019
3.6% 4.0% 5.6% 2,473
September
2019
3.5% 3.9% 5.5% 2,417
August
2019
3.7% 4.0% 5.3% 2,355
July
2019
3.7% 4.0% 5.1% 2,269
June
2019
3.7% 4.0% 5.0% 2,238
May
2019
3.6% 4.0% 5.0% 2,242
April
2019
3.6% 3.9% 5.0% 2,226
March
2019
3.8% 3.9% 5.0% 2,235
February
2019
3.8% 3.9% 5.0% 2,261
January
2019
4.0% 3.9% 5.2% 2,316
December
2018
3.9% 3.9% 5.2% 2,344

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.