ALBANY — The Albany-Schenectady-Troy Metropolitan Statistical Area’s unemployment rate fell to an estimated 5.0% in April, the state Department of Labor reported Tuesday.
This compares with 14.1% in April 2020, when many businesses reduced or halted operations amid the COVID-19 lockdown and laid off employees.
By comparison, the metro area had a 3.4% unemployment rate in April 2019.
The numbers are not seasonally adjusted.
The Department of Labor estimates the Albany Metro labor force was nearly the same in April 2021 as in April 2019, but with 546,000 people employed in 2021 vs. 557,000 in 2019.
The MSA is defined as Albany, Rensselaer, Saratoga, Schenectady and Schoharie counties.
At the county level, the preliminary unemployment rates for April 2021 are:
- Albany 5.0%
- Fulton 6.7%
- Montgomery 6.8%
- Rensselaer 5.0%
- Saratoga 4.4%
- Schenectady 5.6%
- Schoharie 5.2%
The highest unemployment among the state’s metro areas in April 2021 was 10.8% in New York City, the Department of Labor said. The lowest was Ithaca at 4.2%. The Albany Metro was tied for second-lowest with Dutchess-Putnam at 5.0%.
Individual unemployment rates for the state’s 62 counties ranged from 4.2% (Tompkins) to 15.0% (Bronx). Saratoga County’s 4.4% was third-lowest in the state.