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
7.1%
2023
2.7%
Total change
-4.4 pp
% change
-62%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.1% | — |
| 2019 | 6.6% | -0.5 pp (-7%) |
| 2020 | 9.8% | +3.2 pp (48.5%) |
| 2021 | 6.1% | -3.7 pp (-37.8%) |
| 2022 | 6.6% | +0.5 pp (8.2%) |
| 2023 | 2.7% | -3.9 pp (-59.1%) |