Princeton city: Unemployment Rate Trend
How Princeton 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
4.3%
2023
1.5%
Total change
-2.8 pp
% change
-65.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.3% | — |
| 2019 | 4.6% | +0.3 pp (7%) |
| 2020 | 4.4% | -0.2 pp (-4.3%) |
| 2021 | 3.7% | -0.7 pp (-15.9%) |
| 2022 | 2.0% | -1.7 pp (-45.9%) |
| 2023 | 1.5% | -0.5 pp (-25%) |