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
3.1%
2023
0.5%
Total change
-2.6 pp
% change
-83.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.1% | — |
| 2019 | 3.8% | +0.7 pp (22.6%) |
| 2020 | 2.6% | -1.2 pp (-31.6%) |
| 2021 | 1.7% | -0.9 pp (-34.6%) |
| 2022 | 1.1% | -0.6 pp (-35.3%) |
| 2023 | 0.5% | -0.6 pp (-54.5%) |