Schoharie County Unemployment Falls to Lowest Level in Six Years

The unemployment rate in Schoharie County has fallen sharply, according to new statistics. The figures from the New York State Department of Labor see August 2014 being the best labor market in the County since October 2008.

According to the figures that can be found on the NYS DOL website, the rate has fallen to 6.3%.

Year	January	February	March	April	May	June	July	August	September	October	November	December	Annual
													Average
2014	9.2%	9.8%	8.8%	7.1%	6.8%	6.4%	6.9%	6.3%
2013	11.4%	11%	10.1%	8.9%	8%	7.9%	7.8%	7.1%	6.7%	6.4%	7%	7.4%	8.3%
2012	12.2%	12.1%	11.5%	9.2%	8.6%	9.6%	9.8%	8%	7.7%	7.7%	7.8%	9.6%	9.5%
2011	11.4%	11.6%	10.7%	9%	8.2%	8.8%	8.8%	8.5%	9.6%	8.7%	8.7%	9.5%	9.5%
2010	11.5%	11.8%	10.9%	9.1%	8.6%	8.8%	8.7%	8.5%	8%	7.9%	8.5%	9.6%	9.3%
2009	10.9%	11%	10.9%	8.9%	8%	8.6%	8.6%	7.9%	7.8%	7.6%	8.1%	9.5%	9%
2008	9%	8.9%	8.2%	6.6%	5.6%	5.9%	6%	5.8%	5.9%	5.6%	6.5%	8.4%	6.9%

With new businesses poised to open, the rate could fall further. Most years see a sharp increase in unemployment during the winter as contracting jobs subside.

The unemployment rate dipped as low as 4.1% in October 2006 and as high as 12.2% in January 2012.