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Albany city: Unemployment Rate Trend

How Albany city's unemployment rate changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.

2017
16.8%
2023
11.5%
Total change
-5.3 pp
% change
-31.5%
Year Unemployment Rate Change
2017 16.8%
2019 13.7% -3.1 pp (-18.5%)
2020 11.0% -2.7 pp (-19.7%)
2021 10.5% -0.5 pp (-4.5%)
2022 10.3% -0.2 pp (-1.9%)
2023 11.5% +1.2 pp (11.7%)

Other Albany city Trends