Area jobless rate inches up to 4.3 percent in June

4.5 percent for state

Categories: Business, News

ALBANY — The Capital Region had a 4.3 percent unemployment rate in June, a bump up from 3.9 percent in May and slightly higher than the 4.1 percent jobless rate in June 2016.

The state Department of Labor announced the statistics Tuesday, and the Albany-Schenectady-Troy Metropolitan Statistical Area again enjoyed one of the lowest unemployment rates in New York state.

The average jobless rate for all MSAs in the state was 4.5 percent in June, and the average for counties outside designated MSAs was 5.2 percent. Unemployment rates among the metro areas ranged from 4.2 percent (Glens Falls and Long Island) to 5.4 percent (Binghamton, Elmira and Watertown).

For counties in and around the Capital Region, the following unemployment rates were reported for June 2017 and June 2016, respectively:

Albany 4.4 4.2
Fulton 5.4 5.2
Montgomery 5.2 5.1
Rensselaer 4.4 4.2
Saratoga 3.8 3.6
Schenectady 4.5 4.2
Schoharie 5.3 5.0

Saratoga County’s 3.8 percent jobless rate was second-lowest in the state, after Columbia County’s 3.5 percent.

The June 2017 unemployment rate was 4.5 percent for the state and for the nation as a whole, down from 4.7 percent statewide and 5.1 percent nationwide in June 2016.

The Department of Labor announced last week that the state added 23,900 jobs in June, bringing the private-sector job total to 8,079,200, an all-time high. That included 2,300 new non-farm private-sector jobs in the Albany-Schenectady-Troy Metropolitan Statistical Area between June 2016 and June 2017.

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