ALBANY — The unemployment rate in the Capital Region remained high in May but was significantly lower than in April, amid the height of the COVID-19 pandemic.
The state imposed extensive restrictions on its economy, the business community and everyday life in mid-March to slow the spread of the virus, putting a significant percentage of New Yorkers out of work — 2.75 million claims for unemployment were filed statewide from March 8 through June 13.
However, the economy is gradually restarting, and the unemployment rate was lower in May than in April for every Capital Region municipality individually tracked by the state Department of Labor.
The numbers are estimates calculated with methods prescribed by the U.S. Bureau of Labor Statistics from data provided by the BLS.
They show May 2020 jobless rates often triple May 2019 rates, and they showed April 2020 rates often quadruple April 2019 rates.
The Albany-Schenectady-Troy Metropolitan Statistical Area, for example, had a 9.6% calculated unemployment rate in May 2020, up from 3.3% in May 2019 but down from 12.6% in April 2020.
The Albany area’s 9.6% jobless rate was second-lowest among New York state’s metro areas in May. New York City, where the economy was still on full lockdown for all of May, was highest at 18.2% and the Ithaca MSA was lowest at 7.8%.
Clocking in with the highest jobless rate listed in the Capital Region in May was the city of Schenectady — 13.3%.
Here are the estimated unemployment rates in May 2020 and April 2020 in Capital Region municipalities as well as for the metropolitan area and the state:
- Albany County 9.3% 11.9%
- Fulton County 11.2% 15.3%
- Montgomery County 11.2% 14.8%
- Rensselaer County 9.2% 12.2%
- Saratoga County 9.7% 13.2%
- Schenectady County 10.7% 13.4%
- Schoharie County 8.7% 11.8%
- City of Albany 11.3% 13.4%
- Clifton Park 8.8% 11.6%
- Glenville 9.0% 11.9%
- Rotterdam 10.4% 13.7%
- Saratoga Springs 10.9% 14.5%
- City of Schenectady 13.3% 15.9%
- City of Troy 12.0% 15.0%
- Albany Metro 9.6% 12.9%
- New York state 14.2% 15.1%