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Gibsonville town: Unemployment Rate Trend

How Gibsonville 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
5.5%
2023
3.2%
Total change
-2.3 pp
% change
-41.8%
Year Unemployment Rate Change
2017 5.5%
2019 5.1% -0.4 pp (-7.3%)
2020 2.9% -2.2 pp (-43.1%)
2021 2.5% -0.4 pp (-13.8%)
2022 2.4% -0.1 pp (-4%)
2023 3.2% +0.8 pp (33.3%)

Other Gibsonville town Trends