New York city: Unemployment Rate Trend
How New York 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
7.8%
2023
7.7%
Total change
-0.1 pp
% change
-1.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.8% | — |
| 2019 | 6.3% | -1.5 pp (-19.2%) |
| 2020 | 6.6% | +0.3 pp (4.8%) |
| 2021 | 7.5% | +0.9 pp (13.6%) |
| 2022 | 7.6% | +0.1 pp (1.3%) |
| 2023 | 7.7% | +0.1 pp (1.3%) |