Laurel town: Unemployment Rate Trend
How Laurel 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
8.1%
2023
12.1%
Total change
+4.0 pp
% change
+49.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.1% | — |
| 2019 | 2.7% | -5.4 pp (-66.7%) |
| 2020 | 3.2% | +0.5 pp (18.5%) |
| 2021 | 2.5% | -0.7 pp (-21.9%) |
| 2022 | 13.9% | +11.4 pp (456%) |
| 2023 | 12.1% | -1.8 pp (-12.9%) |