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
3.9%
2023
2.1%
Total change
-1.8 pp
% change
-46.2%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.9% | — |
| 2019 | 2.6% | -1.3 pp (-33.3%) |
| 2020 | 2.4% | -0.2 pp (-7.7%) |
| 2021 | 2.3% | -0.1 pp (-4.2%) |
| 2022 | 1.4% | -0.9 pp (-39.1%) |
| 2023 | 2.1% | +0.7 pp (50%) |