Overall unemployment rate moved up to 7.6% with the biggest shift in Government, which lost 900 roles, based on the most recently available information published in March 2021.
Total employment in the Utica-Rome, NY market rose by 1,296 jobs in January and the unemployment rate increased compared to the prior month by 120 bps to 7.6%. The national unemployment rate increased by 31 bps over the same time to 6.8%.
- Utica-Rome, NY unemployment rate is 79 bps above the national rate which is a negative sign.
- Unemployment in the market is 240 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in January versus prior month by 6.9% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -3.3%. Key sectors include:
- Government: 28,800; -900
- Education & Healthcare: 25,300; -800
- Transportation & Utilities: 19,700; -800
- Manufacturing: 10,200; -200
- Restaurants & Hotels: 7,800; -400
- Business Services: 7,700; -200
- Financial Services: 7,300; -100
- Other Jobs: 3,900; -200
- Construction, Mining: 3,100; -300
- IT & Development: 800; no change
Data is based on the most recent 12 months available, through January 2021 (Data published March 2021 and reports created on March 25, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.