Albuquerque city: Unemployment Rate Trend
How Albuquerque 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
5.3%
Total change
-1.2 pp
% change
-18.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.5% | — |
| 2019 | 5.6% | -0.9 pp (-13.8%) |
| 2020 | 5.6% | +0.0 pp (0%) |
| 2021 | 5.6% | +0.0 pp (0%) |
| 2022 | 5.5% | -0.1 pp (-1.8%) |
| 2023 | 5.3% | -0.2 pp (-3.6%) |