Department of Numbers

Watertown-Fort Drum, New York Unemployment

The BLS reported that the unemployment rate for Watertown fell 0.0 percentage points in February 2021 to 5.8%. For the same month, the metro unemployment rate was 3.1 percentage points lower than the New York rate. The unemployment rate in Watertown peaked in April 2020 at 17.1% and is now 11.3 percentage points lower. From a post peak low of 5.4% in December 2020, the unemployment rate has now grown by 0.4 percentage points. You can also compare Watertown unemployment with unemployment in other cities.

Unemployment Rate February 2021 Month/Month Year/Year
National 6.2% -0.1 +2.7
New York 8.9% +0.1 +5.0
Watertown 5.8% 0.0 -0.1
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with February 2021 data as March 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 7,503. There are now 4,996 fewer people unemployed in the metropolitan area. From a recent trough of 2,246 in December 2020, the number of unemployed has now grown by 261.

Unemployed Persons February 2021 Month/Month Year/Year
Watertown 2,507 +6 -114

Number of Unemployed Persons

Watertown, New York Unemployment History

Date National
Unemployment Rate
New York
Unemployment Rate
Watertown
Unemployment Rate
Watertown
Unemployed
March
2021
6.0%
February
2021
6.2% 8.9% 5.8% 2,507
January
2021
6.3% 8.8% 5.8% 2,501
December
2020
6.7% 8.7% 5.4% 2,246
November
2020
6.7% 8.7% 5.5% 2,254
October
2020
6.9% 8.7% 6.7% 2,790
September
2020
7.8% 10.0% 6.7% 2,820
August
2020
8.4% 11.7% 10.6% 4,331
July
2020
10.2% 14.7% 14.1% 5,913
June
2020
11.1% 15.0% 13.1% 5,440
May
2020
13.3% 15.7% 13.0% 5,546
April
2020
14.8% 16.2% 17.1% 7,503

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.