Princeton: Unemployment Rate Trend
How Princeton'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
4.2%
2023
4.5%
Total change
+0.3 pp
% change
+7.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.2% | — |
| 2019 | 3.3% | -0.9 pp (-21.4%) |
| 2020 | 3.7% | +0.4 pp (12.1%) |
| 2021 | 3.7% | +0.0 pp (0%) |
| 2022 | 4.8% | +1.1 pp (29.7%) |
| 2023 | 4.5% | -0.3 pp (-6.2%) |