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
6.5%
2023
4.2%
Total change
-2.3 pp
% change
-35.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.5% | — |
| 2019 | 9.9% | +3.4 pp (52.3%) |
| 2020 | 6.3% | -3.6 pp (-36.4%) |
| 2021 | 5.6% | -0.7 pp (-11.1%) |
| 2022 | 5.6% | +0.0 pp (0%) |
| 2023 | 4.2% | -1.4 pp (-25%) |