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
9.3%
2023
7.3%
Total change
-2.0 pp
% change
-21.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 9.3% | — |
| 2019 | 7.0% | -2.3 pp (-24.7%) |
| 2020 | 6.2% | -0.8 pp (-11.4%) |
| 2021 | 7.6% | +1.4 pp (22.6%) |
| 2022 | 9.4% | +1.8 pp (23.7%) |
| 2023 | 7.3% | -2.1 pp (-22.3%) |