Local News

Unemployment Rate Ticks Up in Cortland County

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The New York State Labor Department has released their preliminary data for area unemployment rates for the month of March. Overall, state unemployment increased slightly when compared year-over-year. New York State’s unemployment rate for March ‘24 stood at 4.2%, up .1% when compared to March of ‘23.

Overall, Cortland County saw an unemployment rate increase from 4.5% in March of 2023 to now 4.8% in March of this year. Data shows the county had 1,100 current unemployment with a workforce of 21,700 people.

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.

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