Laurel Springs borough: Unemployment Rate Trend
How Laurel Springs borough'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
7.4%
2023
4.7%
Total change
-2.7 pp
% change
-36.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.4% | — |
| 2019 | 5.5% | -1.9 pp (-25.7%) |
| 2020 | 5.8% | +0.3 pp (5.5%) |
| 2021 | 4.2% | -1.6 pp (-27.6%) |
| 2022 | 4.5% | +0.3 pp (7.1%) |
| 2023 | 4.7% | +0.2 pp (4.4%) |