Hanover Park village: Unemployment Rate Trend
How Hanover Park village'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
6.9%
2023
4.5%
Total change
-2.4 pp
% change
-34.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.9% | — |
| 2019 | 4.8% | -2.1 pp (-30.4%) |
| 2020 | 5.6% | +0.8 pp (16.7%) |
| 2021 | 5.0% | -0.6 pp (-10.7%) |
| 2022 | 5.3% | +0.3 pp (6%) |
| 2023 | 4.5% | -0.8 pp (-15.1%) |