Homestead borough: Unemployment Rate Trend
How Homestead 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
6.9%
2023
5.6%
Total change
-1.3 pp
% change
-18.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.9% | — |
| 2019 | 10.2% | +3.3 pp (47.8%) |
| 2020 | 13.6% | +3.4 pp (33.3%) |
| 2021 | 11.9% | -1.7 pp (-12.5%) |
| 2022 | 9.9% | -2.0 pp (-16.8%) |
| 2023 | 5.6% | -4.3 pp (-43.4%) |