Overall unemployment rate moved up to 5.7% with the biggest shift in Government, which lost 1,400 roles, based on the most recently available information published in September 2021.
Total employment in the Utica-Rome, NY market rose by 208 jobs in July and the unemployment rate increased compared to the prior month by 20 bps to 5.7%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Utica-Rome, NY unemployment rate is 4 bps above the national rate which is a negative sign.
- Unemployment in the market is 530 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in July versus prior month by 3% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.1%. Key sectors include:
- Government: 29,000; -1,400
- Education & Healthcare: 25,200; -400
- Transportation & Utilities: 20,000; -300
- Restaurants & Hotels: 10,900; +600
- Manufacturing: 10,500; no change
- Business Services: 8,000; no change
- Financial Services: 7,500; no change
- Other Jobs: 4,200; +100
- Construction, Mining: 3,900; +100
- IT & Development: 900; no change
Data is based on the most recent 12 months available, through July 2021 (Data published September 2021 and reports created on September 1, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.