Albany, Oregon Unemployment

The BLS reported that the unemployment rate for Albany rose 0.2 percentage points in October 2018 to 4.6%. For the same month, the metro unemployment rate was 0.8 percentage points higher than the Oregon rate. The unemployment rate in Albany peaked in May 2009 at 14.9% and is now 10.3 percentage points lower. From a post peak low of 4.3% in May 2018, the unemployment rate has now grown by 0.3 percentage points. You can also compare Albany unemployment with unemployment in other cities.

Unemployment Rate	October 2018	Month/Month	Year/Year
National	3.7%	0.0	-0.4
Oregon	3.8%	0.0	-0.4
Albany	4.6%	+0.2	-0.1

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: Albany, Oregon, National

Note: Recessions shown in gray.

Albany, Oregon Unemployed

The number of people unemployed in Albany peaked in May 2009 at 8,453. There are now 5,729 fewer people unemployed in the metropolitan area. From a recent trough of 2,488 in May 2018, the number of unemployed has now grown by 236.

Unemployed Persons	October 2018	Month/Month	Year/Year
Albany	2,724	+144	-21

Number of Unemployed Persons

Albany, Oregon Unemployment History

Date	National Unemployment Rate	Oregon Unemployment Rate	Albany Unemployment Rate	Albany Unemployed
November 2018	3.7%	—	—	—
October 2018	3.7%	3.8%	4.6%	2,724
September 2018	3.7%	3.8%	4.4%	2,580
August 2018	3.9%	3.8%	4.4%	2,548
July 2018	3.9%	3.9%	4.4%	2,567
June 2018	4.0%	4.0%	4.4%	2,548
May 2018	3.8%	4.1%	4.3%	2,488
April 2018	3.9%	4.1%	4.6%	2,688
March 2018	4.1%	4.1%	4.7%	2,790
February 2018	4.1%	4.1%	4.8%	2,860
January 2018	4.1%	4.1%	4.6%	2,728
December 2017	4.1%	4.1%	4.6%	2,721