Lovington city: Unemployment Rate Trend
How Lovington 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
8.9%
2023
7.7%
Total change
-1.2 pp
% change
-13.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.9% | — |
| 2019 | 8.7% | -0.2 pp (-2.2%) |
| 2020 | 7.6% | -1.1 pp (-12.6%) |
| 2021 | 7.8% | +0.2 pp (2.6%) |
| 2022 | 8.4% | +0.6 pp (7.7%) |
| 2023 | 7.7% | -0.7 pp (-8.3%) |