Newark city: Unemployment Rate Trend
How Newark 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
4.1%
2023
4.9%
Total change
+0.8 pp
% change
+19.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.1% | — |
| 2019 | 3.1% | -1.0 pp (-24.4%) |
| 2020 | 2.6% | -0.5 pp (-16.1%) |
| 2021 | 2.0% | -0.6 pp (-23.1%) |
| 2022 | 3.0% | +1.0 pp (50%) |
| 2023 | 4.9% | +1.9 pp (63.3%) |