Covedale CDP: Unemployment Rate Trend
How Covedale 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
4.8%
2023
0.5%
Total change
-4.3 pp
% change
-89.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.8% | — |
| 2019 | 3.2% | -1.6 pp (-33.3%) |
| 2020 | 2.8% | -0.4 pp (-12.5%) |
| 2021 | 1.8% | -1.0 pp (-35.7%) |
| 2022 | 0.6% | -1.2 pp (-66.7%) |
| 2023 | 0.5% | -0.1 pp (-16.7%) |