Hot Springs city: Unemployment Rate Trend
How Hot Springs city'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
11.2%
2023
5.5%
Total change
-5.7 pp
% change
-50.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 11.2% | — |
| 2019 | 5.7% | -5.5 pp (-49.1%) |
| 2020 | 5.3% | -0.4 pp (-7%) |
| 2021 | 5.3% | +0.0 pp (0%) |
| 2022 | 5.4% | +0.1 pp (1.9%) |
| 2023 | 5.5% | +0.1 pp (1.9%) |