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What you need to know for 04/26/2017

Saratoga County shares state’s lowest jobless rate

Saratoga County shares state’s lowest jobless rate

Saratoga County’s unemployment rate of 5.7 percent is tied for the lowest in the state.

Saratoga County’s unemployment rate of 5.7 percent is tied for the lowest in the state.

Only Tompkins County in central New York had an unemployment rate as low as Saratoga County, according to statistics released Tuesday by the state Department of Labor. The unemployment rate for the Albany-Schenectady-Troy region also dropped, ranking it among the upstate metropolitan areas with the lowest jobless rate.

The area’s unemployment rate dropped from 7.7 percent last year to 6.4 percent this summer. Likewise, the unemployment rate in the Glens Falls metropolitan area dropped from 7.4 percent last year to 6.3 percent in June, according to Labor Department statistics.

Only Ithaca, a city in Tompkins County, had a lower unemployment rate, at 5.7 percent.

Last week, the Labor Department reported the Capital Region had a net gain of 3,900 jobs in June — a 0.9 percent increase from May. Excluding government jobs, the region gained a net 3,600 jobs last month, according to the Labor Department.

The national unemployment rate remained flat in June at 7.6 percent, even as the United States gained 195,000 new jobs from May to June. In New York, private-sector jobs increased by 110,500 from June 2012 to June 2013, dropping the state’s unemployment rate to 7.5 percent.

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