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
8.7%
2023
5.9%
Total change
-2.8 pp
% change
-32.2%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.7% | — |
| 2019 | 6.4% | -2.3 pp (-26.4%) |
| 2020 | 7.2% | +0.8 pp (12.5%) |
| 2021 | 7.5% | +0.3 pp (4.2%) |
| 2022 | 6.7% | -0.8 pp (-10.7%) |
| 2023 | 5.9% | -0.8 pp (-11.9%) |