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 |
Unemployment Rate: Prescott, Arizona, National
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. ↩
Department of Numbers
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