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NY Unemployment Steady at 4.6% Amid Job Gains in Key Sectors
National Desk
May 4, 2026
ALBANY, N.Y. -- New York State's seasonally adjusted unemployment rate remained unchanged at 4.6% in February 2026, matching January's figure, according to the state Labor Department. The steadfast rate comes as the state added 20,200 private sector jobs in January, a 0.2% rise fueled by expansions in technology and manufacturing. Albany's tech corridor and Buffalo's revitalized factories led the charge, with employers like GlobalFoundries in Saratoga County and Tesla's Gigafactory in the Southern Tier reporting hiring surges.[1][3]
County-level data reveals stark contrasts across the state. Putnam County boasted the lowest rate at 3.3%, benefiting from proximity to New York City's finance boom, while Hamilton County in the Adirondacks topped the list at 7.7%, hampered by seasonal tourism dips. In Kings County, home to Brooklyn's massive labor force, the rate stood at 5.6%, reflecting persistent challenges in retail and services despite upstate gains.[2]
The March preliminary report echoed the trend, with private sector employment relatively unchanged and the unemployment rate again at 4.6%. State Labor Commissioner Roberta Reardon attributed stability to federal infrastructure funds boosting manufacturing in Rochester and Syracuse. Nationally, New York's rate ranks mid-pack, ahead of neighbors New Jersey at 5.1% but trailing Vermont's 2.6%.[6][7]
Economists caution that while not a historic low, the plateau beats the 16.7% peak in May 2020 and nears pre-pandemic levels last seen at 3.8% in April 2019. Job seekers in Queens and the Bronx find opportunities in emerging green energy roles, but recent college grads face rising hurdles amid broader economic concerns.[5][9]
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