Cave Spring CDP: Unemployment Rate Trend
How Cave Spring 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
4.9%
2023
2.9%
Total change
-2.0 pp
% change
-40.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.9% | — |
| 2019 | 3.3% | -1.6 pp (-32.7%) |
| 2020 | 2.9% | -0.4 pp (-12.1%) |
| 2021 | 3.7% | +0.8 pp (27.6%) |
| 2022 | 2.7% | -1.0 pp (-27%) |
| 2023 | 2.9% | +0.2 pp (7.4%) |