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
9.7%
2023
1.6%
Total change
-8.1 pp
% change
-83.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 9.7% | — |
| 2019 | 7.1% | -2.6 pp (-26.8%) |
| 2020 | 3.6% | -3.5 pp (-49.3%) |
| 2021 | 2.7% | -0.9 pp (-25%) |
| 2022 | 2.9% | +0.2 pp (7.4%) |
| 2023 | 1.6% | -1.3 pp (-44.8%) |