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
4.6%
2023
2.9%
Total change
-1.7 pp
% change
-37%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.6% | — |
| 2019 | 3.5% | -1.1 pp (-23.9%) |
| 2020 | 2.3% | -1.2 pp (-34.3%) |
| 2021 | 3.2% | +0.9 pp (39.1%) |
| 2022 | 3.0% | -0.2 pp (-6.3%) |
| 2023 | 2.9% | -0.1 pp (-3.3%) |