Newport borough: Unemployment Rate Trend
How Newport borough'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
7.4%
2023
3.5%
Total change
-3.9 pp
% change
-52.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.4% | — |
| 2019 | 6.5% | -0.9 pp (-12.2%) |
| 2020 | 6.7% | +0.2 pp (3.1%) |
| 2021 | 6.4% | -0.3 pp (-4.5%) |
| 2022 | 4.1% | -2.3 pp (-35.9%) |
| 2023 | 3.5% | -0.6 pp (-14.6%) |