How unemployment in Cortland County compares to the rest of the state

Canva

Here's how unemployment in Cortland County, New York compares

Cortland County's unemployment rate in December was 5.0%—ranked #10 highest out of 62 in the state.

Nationally, unemployment has leveled with pre-COVID rates , measuring between 3.5% and 4% for most of the past two years. Bureau of Labor Statistics data showed a 3.7% unemployment rate in January. Previously, unemployment skyrocketed to 14.7% at the height of the COVID-19 pandemic in April 2020, and those rates remained elevated through late 2021.

Though national unemployment has mostly normalized, local economies vary widely. Stacker used Bureau of Labor Statistics data to analyze unemployment in Cortland County over time, and how it stacks up within New York and across the nation.

The unemployment rate in Cortland County is 1.3 percentage points above the national level, and 0.5 percentage points above the state level. It ranks #10 among counties in New York —ranked first by the preliminary December 2023 unemployment rate, then breaking ties by the number of unemployed people. It trails behind Montgomery County, with an unemployment rate of 5.1%, but surpasses Fulton County (which has the same unemployment rate).

In real terms, it means an estimated 1,190 of Cortland County's approximately 23,679 working residents are out of a job at the moment. That's 228 more than last month and 304 more than a year ago. Some economists fret another recession may be on the horizon, which would drive unemployment up with business closures and layoffs.

This story was produced using automation across 3,100 counties, boroughs, and parishes, based on writing and data reporting by Paxtyn Merten.