Go to ...
RSS Feed

September 26, 2018

Unemployment Rises in Oswego County Again; 3rd Highest in the State


A one month respite from very high unemployment in Oswego County ended in October.

State Labor Department statistics show that the county’s unemployment rate rose in October to 9.3%. That’s up from September’s 8.8%.

100 more people were employed during the month, but that number was overwhelmed by the 300 more people who said they were unemployed in October.

That means that more people returned to the job market in October. The state only counts those who have a job and those who do not have a job but are looking for work. People who stop looking for work are not counted as unemployed.

Unemployment in the county has stayed in the 9% range for most of the year. October’s rate is the third-highest in the state, better than only St. Lawrence County and the Bronx, at 9.5% and 12.5%, respectively.

The jobless rate in the three-county Syracuse area, which includes Oswego County, rose one tenth of a point to 7.6%. The state’s jobless rate held steady at 8% without seasonal adjustment, 8.3% with the adjustment.

“New York State’s labor market has regained some of the momentum it lost earlier this year. In October, we added 40,500 private sector jobs — the most since April 2005. In addition, our unemployment rate held steady at 8.3%, remaining well below the nation’s rate of 9.6%,” said Norman A. Steele, Deputy Director of the Division of Research and Statistics.

More Stories From Fulton Daily News

%d bloggers like this: