The New York State Department of Labor released preliminary local area unemployment rates for October 2017. Rates are calculated using methods prescribed by the U.S. Bureau of Labor Statistics. The State’s area unemployment rates rely in part on the results of the Current Population Survey, which contacts approximately 3,100 households in New York State each month.
From October 2016 to October 2017, the State’s private sector job count increased by 98,200.
In October 2017, the number of private sector jobs in the State was 8,068,100.
The State’s private sector job count is based on a payroll survey of 18,000 New York employers, which is conducted by the U.S. Bureau of Labor Statistics.
In addition, the State’s seasonally adjusted unemployment rate decreased from 4.9% to 4.8% in October 2017.
Cortland County gained about 200 jobs over the year, with October 2017 employment fixed at approximately 21,900, and an unemployment count of about 1,100.
The October unemployment rate in Cortland County is 4.7%, down two-tenths of a percent from October 2016.
The counties in New York State with the lowest unemployment rates in October 2017 include:
- Columbia County (3.4%)
- Saratoga County (3.7%)
- Yates County (3.8%)
- Seneca County (3.9%)
- Albany County (4.0%)
- Nassau County (4.0%)
- Tompkins County (4.0%)
- Washington County (4.0%)