Unemployment rate increases slightly in the region, according to labor statistics

The region’s unemployment rate is better than it was a year ago, according to state labor statistics, but the rate is up slightly from January.

The unemployment rate in the Utica-Rome Metropolitan Statistical Area fell from 7.3% in February 2021 to 4.5% in February 2022.

However, the unemployment rate is up slightly from the 4.3% figure recorded in January and up nearly a point from 3.3% in December 2021.

For the 12 months ending in February 2022, the number of nonfarm payrolls in MSA Utica-Rome increased by 3,700, or 3.2%, to 120,200.

Private sector employment increased by 3,500, or 4.0%, to 90,500.

Employment Earnings:

Winnings were posted in:

• Leisure and hotels (over 2,100);

• Manufacturing (over 1,100);

• Trade, transport and public services (over 700);

• Financial activities (over 500);

• Government (over 200);

• Other services (over 100); and

• Professional and business services (over 200).

Job losses

Education and health services – down 1,400 jobs – was the only sector to decline during the year.

In the county review, Oneida County ranked 27th in the state for its unemployment rate, which was 4.3% in February. Madison County ranked 23rd with 4.2%; Herkimer County ranked 55 with 5.3%; Lewis County ranked 58th with 5.5%; and Jefferson County ranks 49th with an unemployment rate of 5.1%.