Mount Carmel borough: Unemployment Rate Trend
How Mount Carmel 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
8.8%
2023
5.1%
Total change
-3.7 pp
% change
-42%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.8% | — |
| 2019 | 8.5% | -0.3 pp (-3.4%) |
| 2020 | 5.1% | -3.4 pp (-40%) |
| 2021 | 4.7% | -0.4 pp (-7.8%) |
| 2022 | 7.1% | +2.4 pp (51.1%) |
| 2023 | 5.1% | -2.0 pp (-28.2%) |