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
10.1%
2023
2.8%
Total change
-7.3 pp
% change
-72.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 10.1% | — |
| 2019 | 8.4% | -1.7 pp (-16.8%) |
| 2020 | 6.2% | -2.2 pp (-26.2%) |
| 2021 | 5.9% | -0.3 pp (-4.8%) |
| 2022 | 2.5% | -3.4 pp (-57.6%) |
| 2023 | 2.8% | +0.3 pp (12%) |