Department of Numbers

Prescott, Arizona Unemployment

The BLS reported that the unemployment rate for Prescott rose 0.1 percentage points in May 2023 to 3.3%. For the same month, the metro unemployment rate was 0.1 percentage points lower than the Arizona rate. The unemployment rate in Prescott peaked in April 2020 at 15.0% and is now 11.7 percentage points lower. From a post peak low of 3.1% in December 2021, the unemployment rate has now grown by 0.2 percentage points. You can also compare Prescott unemployment with unemployment in other cities.

Unemployment Rate May 2023 Month/Month Year/Year
National 3.7% +0.3 +0.1
Arizona 3.4% 0.0 -0.3
Prescott 3.3% +0.1 -0.3
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with May 2023 data as June metro level unemployment data has not yet been released.

Unemployment Rate: Prescott, Arizona, National

Prescott, Arizona monthly unemployment rate chart

Note: Recessions shown in gray.

Prescott, Arizona Unemployed

The number of people unemployed in Prescott peaked in April 2020 at 15,115. There are now 11,541 fewer people unemployed in the metropolitan area. From a recent trough of 3,225 in December 2021, the number of unemployed has now grown by 349. Prescott employment and jobs data (including jobs lost/gained in Prescott, Arizona) is also available.

Unemployed Persons May 2023 Month/Month Year/Year
Prescott 3,574 +117 -236

Number of Unemployed Persons

Prescott, Arizona Unemployment History

Date National
Unemployment Rate
Arizona
Unemployment Rate
Prescott
Unemployment Rate
Prescott
Unemployed
June
2023
3.6%
May
2023
3.7% 3.4% 3.3% 3,574
April
2023
3.4% 3.4% 3.2% 3,457
March
2023
3.5% 3.5% 3.1% 3,430
February
2023
3.6% 3.7% 3.2% 3,467
January
2023
3.4% 3.8% 3.3% 3,603
December
2022
3.5% 4.0% 3.5% 3,819
November
2022
3.6% 4.0% 3.5% 3,826
October
2022
3.7% 4.1% 3.6% 3,869
September
2022
3.5% 4.0% 3.6% 3,951
August
2022
3.7% 4.0% 3.7% 4,017
July
2022
3.5% 3.9% 3.7% 4,022

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.