New London city: Unemployment Rate Trend
How New London 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
12.2%
2023
7.3%
Total change
-4.9 pp
% change
-40.2%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 12.2% | — |
| 2019 | 8.5% | -3.7 pp (-30.3%) |
| 2020 | 7.4% | -1.1 pp (-12.9%) |
| 2021 | 7.3% | -0.1 pp (-1.4%) |
| 2022 | 7.1% | -0.2 pp (-2.7%) |
| 2023 | 7.3% | +0.2 pp (2.8%) |