Newark Valley village: Unemployment Rate Trend
How Newark Valley 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
5.1%
2023
6.1%
Total change
+1.0 pp
% change
+19.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.1% | — |
| 2019 | 1.6% | -3.5 pp (-68.6%) |
| 2020 | 4.0% | +2.4 pp (150%) |
| 2021 | 4.9% | +0.9 pp (22.5%) |
| 2022 | 4.6% | -0.3 pp (-6.1%) |
| 2023 | 6.1% | +1.5 pp (32.6%) |