Somerset city: Unemployment Rate Trend
How Somerset 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
9.9%
2023
8.7%
Total change
-1.2 pp
% change
-12.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 9.9% | — |
| 2019 | 9.2% | -0.7 pp (-7.1%) |
| 2020 | 10.8% | +1.6 pp (17.4%) |
| 2021 | 10.8% | +0.0 pp (0%) |
| 2022 | 8.7% | -2.1 pp (-19.4%) |
| 2023 | 8.7% | +0.0 pp (0%) |