Prospect Park borough: Unemployment Rate Trend
How Prospect Park 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
5.5%
2023
8.2%
Total change
+2.7 pp
% change
+49.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.5% | — |
| 2019 | 4.9% | -0.6 pp (-10.9%) |
| 2020 | 6.4% | +1.5 pp (30.6%) |
| 2021 | 8.0% | +1.6 pp (25%) |
| 2022 | 9.0% | +1.0 pp (12.5%) |
| 2023 | 8.2% | -0.8 pp (-8.9%) |