Malvern borough: Unemployment Rate Trend
How Malvern 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
3.5%
2023
9.1%
Total change
+5.6 pp
% change
+160%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.5% | — |
| 2019 | 5.8% | +2.3 pp (65.7%) |
| 2020 | 4.9% | -0.9 pp (-15.5%) |
| 2021 | 5.7% | +0.8 pp (16.3%) |
| 2022 | 5.9% | +0.2 pp (3.5%) |
| 2023 | 9.1% | +3.2 pp (54.2%) |