Elgin city: Unemployment Rate Trend
How Elgin 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
7.1%
2023
5.6%
Total change
-1.5 pp
% change
-21.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.1% | — |
| 2019 | 4.4% | -2.7 pp (-38%) |
| 2020 | 4.0% | -0.4 pp (-9.1%) |
| 2021 | 4.7% | +0.7 pp (17.5%) |
| 2022 | 4.2% | -0.5 pp (-10.6%) |
| 2023 | 5.6% | +1.4 pp (33.3%) |