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March 30, 2021

State Labor Department Releases Preliminary February 2021 Area Unemployment Rates

The New York State Department of Labor today released preliminary local area unemployment rates for February 2021. 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. To recap last week’s statewide press release, New York State’s seasonally adjusted unemployment rate increased from 8.8% in January to 8.9% in February 2021.

Local Area Unemployment Rates* (%)
 February 2020 and  February 2021
(not seasonally adjusted)

 

 February
2021*

 February
2020

   Metro Areas

9.8

4.0

      Albany-Schenectady-Troy

6.3

4.0

      Binghamton

7.5

5.5

      Buffalo-Niagara Falls

8.0

5.0

      Dutchess-Putnam

6.3

4.0

      Elmira

7.5

4.8

      Glens Falls

7.2

5.3

      Ithaca

5.3

3.6

      Kingston

6.8

4.2

      Nassau-Suffolk

6.7

3.9

      New York City

13.2

3.8

      Orange-Rockland-Westchester

6.8

3.9

      Rochester

7.1

4.6

      Syracuse

7.3

4.9

      Utica-Rome

7.8

4.9

      Watertown-Fort Drum

7.9

7.3

   Non-metro counties

7.3

5.6

*Data are preliminary and subject to change.

The data in the preceding table are not seasonally adjusted, which means they reflect seasonal influences (e.g., holiday and summer hires). Therefore, the most valid comparisons with this type of data are year-to-year comparisons of the same month, for example,  February 2020 versus  February 2021.

Labor force data for the current month are preliminary and subject to revision as more information becomes available the following month. Revised estimates for prior months are available at: https://statistics.labor.ny.gov/lslaus.shtm

Labor force statistics, including the unemployment rate, for New York and every other state are based on statistical regression models specified by the U.S. Bureau of Labor Statistics. These are the most up-to-date estimates of persons employed and unemployed by place of residence. Estimates are available for New York State, labor market regions, metropolitan areas, counties and municipalities with population of at least 25,000.

 

See full report at: https://dol.ny.gov/news/state-labor-department-releases-preliminary-february-2021-area-unemployment-rates

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