Department of Numbers

Watertown-Fort Drum, New York Unemployment

The BLS reported that the unemployment rate for Watertown fell 0.3 percentage points in October 2018 to 5.1%. For the same month, the metro unemployment rate was 1.1 percentage points higher than the New York rate. The unemployment rate in Watertown peaked in February 2012 at 10.2% and is now 5.1 percentage points lower. You can also compare Watertown unemployment with unemployment in other cities.

Unemployment Rate October 2018 Month/Month Year/Year
National 3.7% 0.0 -0.4
New York 4.0% -0.1 -0.7
Watertown 5.1% -0.3 -1.5
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with October 2018 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 February 2012 at 4,904. There are now 2,583 fewer people unemployed in the metropolitan area.

Unemployed Persons October 2018 Month/Month Year/Year
Watertown 2,321 -99 -651

Number of Unemployed Persons

Watertown, New York Unemployment History

Date National
Unemployment Rate
New York
Unemployment Rate
Watertown
Unemployment Rate
Watertown
Unemployed
November
2018
3.7%
October
2018
3.7% 4.0% 5.1% 2,321
September
2018
3.7% 4.1% 5.4% 2,420
August
2018
3.9% 4.2% 5.7% 2,538
July
2018
3.9% 4.3% 5.7% 2,555
June
2018
4.0% 4.5% 5.8% 2,603
May
2018
3.8% 4.5% 5.9% 2,646
April
2018
3.9% 4.6% 6.5% 2,922
March
2018
4.1% 4.6% 6.7% 3,032
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

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.