Watertown city: Unemployment Rate Trend
How Watertown 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
8.9%
2023
3.9%
Total change
-5.0 pp
% change
-56.2%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.9% | — |
| 2019 | 4.8% | -4.1 pp (-46.1%) |
| 2020 | 3.9% | -0.9 pp (-18.8%) |
| 2021 | 3.4% | -0.5 pp (-12.8%) |
| 2022 | 2.2% | -1.2 pp (-35.3%) |
| 2023 | 3.9% | +1.7 pp (77.3%) |