New York

Albany-area jobless rate 4.8% in July; cities fare worse than suburbs

A job fair in Glenville in June
PHOTOGRAPHER:
A job fair in Glenville in June

ALBANY — Regional economies in New York state continued their uneven recoveries from pandemic in July, with unemployment rates varying widely within regions and even within counties.

The Albany-Schenectady-Troy Metropolitan Statistical Area unemployment rate was 4.8% in July 2021, compared with 10.4% a year ago and 3.6% two years earlier, the state Department of Labor reported Tuesday.

Among the state’s MSAs, Albany-Schenectady-Troy was tied with Glens Falls at 4.8% for second lowest in July 2021. (Ithaca was 4.6%.)

Two Capital Region counties, Saratoga and Columbia, had among the lowest jobless rates in the state in July 2021, at 4.2%. Yates was lower, at 4.1%. Hamilton County in the Adirondacks, which typically sees significant tourism-related seasonal changes in unemployment, was lowest of all at 3.9%.

The highest jobless rate among the eight Capital Region counties was Greene at 5.6%.

Counties in the six counties of the neighboring Mohawk Valley region ranged from 5.0% (Schoharie County) to 6.3% (Montgomery County).

The large cities in the Capital Region continued their long-running trend of posting higher jobless rates than their suburban neighbors in July 2021. All counties, towns and cities are faring better now than a year ago, but some have not bounced back as completely as others.

Some local unemployment rates in July 2021:

  • Bethlehem 3.4%
  • Clifton Park 3.7%
  • Glenville 4.0%
  • Guilderland 4.0%
  • Saratoga Springs 4.2%
  • Rotterdam 4.4%
  • Albany 6.6%
  • Troy 6.8%
  • Schenectady 7.5%

The phenomenon goes beyond the Capital Region: The estimated unemployment rates in Buffalo, Niagara Falls, Rochester, Syracuse and Utica all were above 8.0% in July.

Unemployment in New York City was 10.2% in July, the Department of Labor said, led by the poorest county in the state, the Bronx, at 13.9%.

Excluding the five counties of New York City, the state had a lower July jobless rate than the nation as a whole, DOL reported: 5.3% vs. 5.7%.

Categories: Business, News

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