Recent Labor Market Developments
Unemployment Rates for Utica-Rome Metropolitan Statistical Area
(not seasonally adjusted)
October 2024: 3.4%
September 2024: 3.3%
October 2023: 3.7%
The unemployment rate in the Utica-Rome metro declined from 3.7% in October 2023 to 3.4% in October 2024. The unemployment rate was 3.3% in September.
Change in Nonfarm Jobs since October 2023
For the 12-month period ending October 2024, the nonfarm job count in the Utica-Rome metro increased 1,000, or 0.8%, to 125,000. Private sector employment grew 800, or 0.9%, to 94,800.
Job gains were posted in private education and health services (+1,100), government (+200), mining, logging, and construction (+100), professional and business services (+100), and trade, transportation, and utilities (+100).
Job losses occurred in manufacturing (-300), financial activities (-100), information (-100), and leisure and hospitality (-100).