Overall unemployment rate moved down to 4.0% with the biggest shift in Transportation & Utilities, which gained 400 roles, based on the most recently available information published in December 2021.
Total employment in the Utica-Rome, NY market declined by 612 jobs in November and the unemployment rate decreased compared to the prior month by 40 bps to 4.0%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- Utica-Rome, NY unemployment rate is 11 bps above the national rate which is a negative sign.
- Unemployment in the market is 200 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in November versus prior month by -0.1% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.2% . Key sectors include:
- Government: 29,600; +100
- Education & Healthcare: 26,900; +100
- Transportation & Utilities: 20,500; +400
- Manufacturing: 10,700; +100
- Restaurants & Hotels: 10,100; -300
- Business Services: 8,000; no change
- Financial Services: 7,600; no change
- Other Jobs: 4,100; no change
- Construction, Mining: 3,600; -200
- IT & Development: 900; +100
Data is based on the most recent 12 months available, through November 2021 (Data published December 2021 and reports created on January 6, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.