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What you need to know for 01/21/2017

Capital Region counties report lowest NY unemployment

Capital Region counties report lowest NY unemployment

Three Capital Region counties had some of the lowest unemployment rates in the state in February, ac

Three Capital Region counties had the lowest unemployment rates in the state in February, according to preliminary state Department of Labor data released today.

Albany, Saratoga and Schenectady counties are among the top 10 counties with the lowest unemployment rates. Albany County tied with Putnam County for third place, after Tompkins and Nassau counties, with a 6 percent unemployment rate. Saratoga County was ranked fifth with a 6.2 percent unemployment rate. Schenectady County was tied with Columbia and Dutchess counties for eighth place with a 6.7 percent unemployment rate.

Overall, the Capital Region had a 6.5 percent unemployment rate in February, a full point below last year’s February rate and slightly above January’s 6.3 percent rate. The Albany-Schenectady-Troy metropolitan area holds its spot as having the second lowest unemployment rate among upstate New York metros, after the Ivy League metro of Ithaca.

The region’s rural counties had much higher rates.

Fulton County’s unemployment rate was 9.3 percent in February, down nearly two full points from 11.1 percent one year earlier.

Montgomery County’s unemployment rate was 9.5 percent in February, down from 11.3 percent one year earlier.

Schoharie County’s unemployment rate was 9.8 percent in February, down from 11 percent one year earlier.

New York State’s rate remained unchanged at 6.8 percent in February.

Reach Gazette reporter Bethany Bump at 395-3107 or bbump@dailygazette.net.

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