Updated Albany Unemployment Figures | released March 21, 2025

Official unemployment figures for the Albany economy were updated today. Numbers for December have been finalized and preliminary figures for January have now been made available.

December

The unemployment rate increased to 4.6% in December. 336 positions were lost, and 184 workers left the labor force causing the unemployment rate increase. The overall Nonfarm Payrolls figure did not change significantly. No individual sector saw significant employment changes.

January (preliminary)

The unemployment rate increased to 5.7% in January. 688 positions were lost, and 34 workers left the labor force causing the unemployment rate increase. Nonfarm payrolls fell by 1,200. No individual sector saw significant employment changes.

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