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
8.6%
2023
5.1%
Total change
-3.5 pp
% change
-40.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.6% | — |
| 2019 | 8.8% | +0.2 pp (2.3%) |
| 2020 | 8.8% | +0.0 pp (0%) |
| 2021 | 7.4% | -1.4 pp (-15.9%) |
| 2022 | 5.2% | -2.2 pp (-29.7%) |
| 2023 | 5.1% | -0.1 pp (-1.9%) |