Department of Numbers

Albany, Oregon Unemployment

The BLS reported that the unemployment rate for Albany rose 0.3 percentage points in November 2022 to 4.6%. For the same month, the metro unemployment rate was 0.2 percentage points higher than the Oregon rate. The unemployment rate in Albany peaked in May 2009 at 14.1% and is now 9.5 percentage points lower. From a post peak low of 3.8% in December 2019, the unemployment rate has now grown by 0.8 percentage points. You can also compare Albany unemployment with unemployment in other cities.

Unemployment Rate November 2022 Month/Month Year/Year
National 3.6% -0.1 -0.6
Oregon 4.4% +0.3 +0.2
Albany 4.6% +0.3 -0.1
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2022 data as December metro level unemployment data has not yet been released.

Unemployment Rate: Albany, Oregon, National

Albany, Oregon monthly unemployment rate chart

Note: Recessions shown in gray.

Albany, Oregon Unemployed

The number of people unemployed in Albany peaked in April 2020 at 8,015. There are now 5,183 fewer people unemployed in the metropolitan area. From a recent trough of 2,453 in July 2022, the number of unemployed has now grown by 379.

Unemployed Persons November 2022 Month/Month Year/Year
Albany 2,832 +161 -18

Number of Unemployed Persons

Albany, Oregon Unemployment History

Date National
Unemployment Rate
Oregon
Unemployment Rate
Albany
Unemployment Rate
Albany
Unemployed
December
2022
3.5%
November
2022
3.6% 4.4% 4.6% 2,832
October
2022
3.7% 4.1% 4.3% 2,671
September
2022
3.5% 3.8% 4.2% 2,576
August
2022
3.7% 3.7% 4.0% 2,492
July
2022
3.5% 3.5% 4.0% 2,453
June
2022
3.6% 3.5% 4.0% 2,485
May
2022
3.6% 3.5% 4.1% 2,556
April
2022
3.6% 3.7% 4.2% 2,621
March
2022
3.6% 3.8% 4.3% 2,649
February
2022
3.8% 4.0% 4.4% 2,718
January
2022
4.0% 4.2% 4.6% 2,814

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.