Elon town: Unemployment Rate Trend
How Elon town'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
4.4%
2023
2.8%
Total change
-1.6 pp
% change
-36.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.4% | — |
| 2019 | 3.3% | -1.1 pp (-25%) |
| 2020 | 4.4% | +1.1 pp (33.3%) |
| 2021 | 4.1% | -0.3 pp (-6.8%) |
| 2022 | 3.9% | -0.2 pp (-4.9%) |
| 2023 | 2.8% | -1.1 pp (-28.2%) |