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Unemployment rates in metro markets around Upstate New York higher than 2019

The New York State Department of Labor released preliminary local area unemployment rates for September 2020.

Rates are calculated using methods prescribed by the U.S. Bureau of Labor Statistics. The State’s area unemployment rates rely in part on the results of the Current Population Survey, which contacts approximately 3,100 households in New York State each month.

The State’s seasonally adjusted private sector jobs increased over the month by 75,300, or 1.0%, to 7,285,400 in September 2020. The number of private sector jobs in New York State is based on a payroll survey of 18,000 New York employers, which is conducted by the U.S. Bureau of Labor Statistics. In addition, the State’s seasonally adjusted unemployment rate decreased from 12.5% to 9.7% in September 2020.

New York City saw the highest unemployment rate, with a 10% increase over September 2019.

Here’s how some local metros made out in the preliminary report (2020 vs. 2019):

Elmira: 5.7% vs 3.9%
Ithaca: 4.3% vs. 3.7%
Rochester: 6.1% vs. 3.8%
Syracuse: 6.1% vs. 3.9%

Non-metro counties: 5.3% vs. 3.9%

Categories: BusinessNews