Unemployment Rates (not seasonally adjusted) for Utica-Rome MSA (Oneida and Herkimer Counties)
March 2013: 9.0%
February 2013: 9.8%
March 2012: 9.3%
The unemployment rate in the Utica-Rome MSA decreased from 9.3 percent in March 2012 to 9.0 percent in March 2013. This marks the first over-the-year decline in the jobless rate since August 2007. (The current unemployment rate series began in 1990.)
The jobless rate declined from February 2013, as expected. From February to March, in the past 10 years, the unemployment rate declined 9 times and remained unchanged once.
The unemployment rate is expected to decline from March to April, as inclement weather begins to subside. From March to April, in the past 10 years, the unemployment rate always declined.