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Laurel CDP: Unemployment Rate Trend

How Laurel CDP'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
5.5%
2023
4.0%
Total change
-1.5 pp
% change
-27.3%
Year Unemployment Rate Change
2017 5.5%
2019 4.5% -1.0 pp (-18.2%)
2020 3.3% -1.2 pp (-26.7%)
2021 4.0% +0.7 pp (21.2%)
2022 4.1% +0.1 pp (2.5%)
2023 4.0% -0.1 pp (-2.4%)

Other Laurel CDP Trends