Newfane CDP: Unemployment Rate Trend
How Newfane CDP'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
5.2%
2023
1.4%
Total change
-3.8 pp
% change
-73.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.2% | — |
| 2019 | 8.3% | +3.1 pp (59.6%) |
| 2020 | 4.9% | -3.4 pp (-41%) |
| 2021 | 5.5% | +0.6 pp (12.2%) |
| 2022 | 4.8% | -0.7 pp (-12.7%) |
| 2023 | 1.4% | -3.4 pp (-70.8%) |