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Empire State Today

Wednesday, November 27, 2024

Albany-Schenectady-Troy sees 6.8% decrease in non-farm payroll employees since last year

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The number of employees on non-farm payrolls in January in the Albany-Schenectady-Troy metropolitan statistical area was 431,300, according to the U.S. Bureau of Labor Statistics.

This is a 6.8 percent decrease since last January when Albany-Schenectady-Troy reported 463,000 workers on non-farm payrolls.

Statistics were compiled from reports from the civilian labor force and unemployment data, both of which heavily relied on household surveys. The data is not seasonally adjusted.

Employment data is gleaned from an establishment survey that measures non-farm employment, hours and earnings by industry. The data is also based on payroll jobs and such factors as where the establishments are located.

Overall, New York reported 8.583 million million people employed on non-farm payrolls in January.

New York Employees on Non-Farm Payrolls 2021 vs. 2020
January 2021 (In thousands)January 2020 (In thousands)Percent Change
8,583.49,636.1-10.9%
Source: Bureau of Labor Statistics

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