Franklin borough: Unemployment Rate Trend
How Franklin 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
8.7%
2023
7.1%
Total change
-1.6 pp
% change
-18.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.7% | — |
| 2019 | 6.3% | -2.4 pp (-27.6%) |
| 2020 | 6.3% | +0.0 pp (0%) |
| 2021 | 7.4% | +1.1 pp (17.5%) |
| 2022 | 7.1% | -0.3 pp (-4.1%) |
| 2023 | 7.1% | +0.0 pp (0%) |