Newark village: Unemployment Rate Trend
How Newark village'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
11.7%
2023
3.9%
Total change
-7.8 pp
% change
-66.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 11.7% | — |
| 2019 | 6.2% | -5.5 pp (-47%) |
| 2020 | 3.1% | -3.1 pp (-50%) |
| 2021 | 2.9% | -0.2 pp (-6.5%) |
| 2022 | 3.0% | +0.1 pp (3.4%) |
| 2023 | 3.9% | +0.9 pp (30%) |