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
8.6%
2023
3.5%
Total change
-5.1 pp
% change
-59.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.6% | — |
| 2019 | 6.6% | -2.0 pp (-23.3%) |
| 2020 | 5.2% | -1.4 pp (-21.2%) |
| 2021 | 4.5% | -0.7 pp (-13.5%) |
| 2022 | 4.0% | -0.5 pp (-11.1%) |
| 2023 | 3.5% | -0.5 pp (-12.5%) |