Cave Spring city: Unemployment Rate Trend
How Cave Spring 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
10.0%
2023
5.6%
Total change
-4.4 pp
% change
-44%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 10.0% | — |
| 2019 | 14.7% | +4.7 pp (47%) |
| 2020 | 13.3% | -1.4 pp (-9.5%) |
| 2021 | 13.7% | +0.4 pp (3%) |
| 2022 | 11.0% | -2.7 pp (-19.7%) |
| 2023 | 5.6% | -5.4 pp (-49.1%) |