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Laurel Bay CDP: Unemployment Rate Trend

How Laurel Bay 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
13.6%
2023
0.0%
Total change
-13.6 pp
% change
-100%
Year Unemployment Rate Change
2017 13.6%
2019 10.3% -3.3 pp (-24.3%)
2020 6.9% -3.4 pp (-33%)
2021 5.2% -1.7 pp (-24.6%)
2022 2.3% -2.9 pp (-55.8%)
2023 0.0% -2.3 pp (-100%)

Other Laurel Bay CDP Trends