Covington village: Unemployment Rate Trend
How Covington village'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
8.0%
2023
5.3%
Total change
-2.7 pp
% change
-33.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.0% | — |
| 2019 | 5.5% | -2.5 pp (-31.3%) |
| 2020 | 4.6% | -0.9 pp (-16.4%) |
| 2021 | 5.5% | +0.9 pp (19.6%) |
| 2022 | 3.3% | -2.2 pp (-40%) |
| 2023 | 5.3% | +2.0 pp (60.6%) |