Capital Building at Night

Labor Statistics for the Capital Region

Albany, Columbia, Greene, Rensselaer, Saratoga, Schenectady, Warren, and Washington Counties
Labor Statistics for the Capital Region

Developments in the Capital Region Labor Market

From October 2022 to October 2023, the number of nonfarm jobs in the Albany-Schenectady-Troy MSA increased 8,200 or 1.7 percent, while the number of private sector jobs increased 6,600 or 1.8 percent. During this same period, the number of nonfarm jobs in the Glens Falls MSA increased 1,300 or 2.5 percent, while the number of private sector jobs increased 1,000 or 2.3 percent. The tables below present additional industry details.

 

Unemployment Rates (not seasonally adjusted)
Area October 2023 October 2022
United States 3.6% 3.4%
New York State 4.4% 3.7%
Capital Region 3.2% 2.5%
Albany-Schenectady-Troy-MSA 3.2% 2.5%
Glens Falls MSA 3.1% 2.6%

                                                                        

Albany-Schenectady-Troy MSA Change in Jobs by Industry: 

Natural Resources, Mining and Construction

-600

Manufacturing

-1,000

Trade, Transportation and Utilities

-800

Information

0

Financial Activities

+500

Professional and Business Services

+1,700

Private Education and Health Services

+5,800

Leisure and Hospitality

+800

Other Services

+200

Government

+1,600

                                                                                                                                   

                                                                             

 

Glens Falls MSA Change in Jobs by Industry: 

Natural Resources, Mining and Construction

0

Manufacturing

0

Trade, Transportation and Utilities

-200

Information

0

Financial Activities

-100

Professional and Business Services

+100

Private Education and Health Services

+300

Leisure and Hospitality

+900

Other Services

0

Government +300

Contact

For More Information, Please Contact:

Kevin Alexander
NYS Department of Labor
155 Washington Ave., 3rd Floor
Albany, NY 12210
Phone: (518) 242-8245
Email:[email protected]