New Castle, IN Micro Area: Unemployment Rate Trend
How New Castle, IN Micro Area'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
7.0%
2023
4.1%
Total change
-2.9 pp
% change
-41.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.0% | — |
| 2019 | 5.5% | -1.5 pp (-21.4%) |
| 2020 | 4.2% | -1.3 pp (-23.6%) |
| 2021 | 4.8% | +0.6 pp (14.3%) |
| 2022 | 4.5% | -0.3 pp (-6.2%) |
| 2023 | 4.1% | -0.4 pp (-8.9%) |