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
13.2%
2023
5.6%
Total change
-7.6 pp
% change
-57.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 13.2% | — |
| 2019 | 8.1% | -5.1 pp (-38.6%) |
| 2020 | 7.2% | -0.9 pp (-11.1%) |
| 2021 | 5.4% | -1.8 pp (-25%) |
| 2022 | 6.3% | +0.9 pp (16.7%) |
| 2023 | 5.6% | -0.7 pp (-11.1%) |