Balm CDP: Unemployment Rate Trend
How Balm CDP'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
6.2%
2023
7.4%
Total change
+1.2 pp
% change
+19.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.2% | — |
| 2019 | 4.2% | -2.0 pp (-32.3%) |
| 2020 | 2.6% | -1.6 pp (-38.1%) |
| 2021 | 3.2% | +0.6 pp (23.1%) |
| 2022 | 2.6% | -0.6 pp (-18.8%) |
| 2023 | 7.4% | +4.8 pp (184.6%) |