Laurel city: Unemployment Rate Trend
How Laurel 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
5.7%
2023
4.4%
Total change
-1.3 pp
% change
-22.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.7% | — |
| 2019 | 4.9% | -0.8 pp (-14%) |
| 2020 | 5.7% | +0.8 pp (16.3%) |
| 2021 | 5.1% | -0.6 pp (-10.5%) |
| 2022 | 5.9% | +0.8 pp (15.7%) |
| 2023 | 4.4% | -1.5 pp (-25.4%) |