Capital Region's unemployment rate down a full percentage point compared to a year ago

washington dollar bill green shadeFollowing up on last week's bit that the state's unemployment rate hit a four-year low last month: The Albany-Schenectady-Troy metro area's unemployment rate was 6.4 percent in May, the state Department of Labor reported Tuesday. That's down from 7.4 percent in May 2012.*

The state's unemployment rate was 7.6 percent in May.**

The unemployment rates in each of the metro's counties were down almost a full percentage point -- or more:

county: May 2013 / May 2012
Albany: 6.3 / 7.3
Rensselaer: 6.5 / 7.7
Saratoga: 5.8 / 7.0
Schenctady: 7.0 / 7.9
Schoharie: 8.0 / 8.6

As if often mentioned, the unemployment rate includes people who are actively looking for a job. So it doesn't necessarily provide a picture of how many people have become frustrated and stopped looking, chosen a different path because employment prospects aren't good (examples: going to school, staying home with a kid), are under-employed -- or some combination of all the above.

Lowest rate: The county with the lowest unemployment rate in May was Tompkins County, which includes Ithaca, at 5.1 percent. Coincidentally, it was also named the "smartest" city in the nation recently by a company that does online brain training games. [Syracuse.com via Gannett Albany Watch]

Meahwhile: 70 percent of American employees are not "engaged" at work, according to a Gallup report. [CBS News via TMN]

* Unemployment rates for counties are not seasonally adjusted, so the best comparison is the same month in previous years.
** State rate is seasonally adjusted.

Say Something!

We'd really like you to take part in the conversation here at All Over Albany. But we do have a few rules here. Don't worry, they're easy. The first: be kind. The second: treat everyone else with the same respect you'd like to see in return. Cool? Great, post away. Comments are moderated so it might take a little while for your comment to show up. Thanks for being patient.

What's All Over Albany?

All Over Albany is for interested and interesting people in New York's Capital Region. In other words, it's for you. It's kind of like having a smart, savvy friend who can help you find out what's up. Oh, and our friends call us AOA.

Search

Recently on All Over Albany

Stuff to do this weekend

It's Memorial Day weekend. The official unofficial kickoff to the summer season. There are plenty of picnics, barbecues, and just general hanging out to do,... (more)

Working out the design of the Albany Skyway

The Albany Skyway project is continuing to move forward, and this week the engineering team heading up the design work presented a few potential concepts... (more)

First house on the street

History + houses + maps = this chronicle of house building in Niskayuna by Guy Spiers. It's remarkable to see how house were clustered in... (more)

Collar City Candle Craft + Draft BBQ at Lansing Farm

This is something a little different and summery: Collar City Candle is hosting a Craft + Draft BBQ event at Lansing Farm in Colonie Sunday,... (more)

There's another rail trail public art project this summer, and the call for artists is open

We mentioned this in the rail trail post this week, but it's worth highlighting: The call for artists is currently open for the next public... (more)

Recent Comments

I frequently find myself along this trail on Sunday mornings, hungry, & very little is open. There's a lot of talk about special mowers & building bathrooms & that's nice, yes, let's do that, certainly. But *right now* people using this trail are hungry & want to buy food & drink (& use the bathroom, as a paying customer): if the businesses that are already there were OPEN it would go a long way to providing amenities & destinations. ...

Working out the design of the Albany Skyway

...has 1 comment, most recently from ace

Civil War walking tour of Albany Rural Cemetery

...has 4 comments, most recently from Amy

The Helderberg-Hudson Rail Trail is set to get a new paved section this summer, and a few more bits about its future

...has 9 comments, most recently from Colleen

What qualifies as the Capital Region?

...has 1 comment, most recently from jsc

Historic brewing district tours of Albany

...has 5 comments, most recently from Craig