Gibbstown CDP: Unemployment Rate Trend
How Gibbstown 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
8.7%
2023
2.6%
Total change
-6.1 pp
% change
-70.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.7% | — |
| 2019 | 6.9% | -1.8 pp (-20.7%) |
| 2020 | 5.7% | -1.2 pp (-17.4%) |
| 2021 | 5.3% | -0.4 pp (-7%) |
| 2022 | 3.5% | -1.8 pp (-34%) |
| 2023 | 2.6% | -0.9 pp (-25.7%) |