Milford borough: Unemployment Rate Trend
How Milford 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
2.8%
2023
7.1%
Total change
+4.3 pp
% change
+153.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 2.8% | — |
| 2019 | 3.7% | +0.9 pp (32.1%) |
| 2020 | 4.2% | +0.5 pp (13.5%) |
| 2021 | 5.8% | +1.6 pp (38.1%) |
| 2022 | 7.3% | +1.5 pp (25.9%) |
| 2023 | 7.1% | -0.2 pp (-2.7%) |