Chalfont borough: Unemployment Rate Trend
How Chalfont borough'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
4.5%
2023
5.8%
Total change
+1.3 pp
% change
+28.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.5% | — |
| 2019 | 2.8% | -1.7 pp (-37.8%) |
| 2020 | 6.7% | +3.9 pp (139.3%) |
| 2021 | 6.8% | +0.1 pp (1.5%) |
| 2022 | 7.5% | +0.7 pp (10.3%) |
| 2023 | 5.8% | -1.7 pp (-22.7%) |