Magnolia Springs town: Unemployment Rate Trend
How Magnolia Springs town'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
3.1%
2023
2.1%
Total change
-1.0 pp
% change
-32.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.1% | — |
| 2019 | 1.8% | -1.3 pp (-41.9%) |
| 2020 | 2.3% | +0.5 pp (27.8%) |
| 2021 | 2.0% | -0.3 pp (-13%) |
| 2022 | 2.3% | +0.3 pp (15%) |
| 2023 | 2.1% | -0.2 pp (-8.7%) |