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Mount Olive town: Unemployment Rate Trend

How Mount Olive 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
18.8%
2023
9.0%
Total change
-9.8 pp
% change
-52.1%
Year Unemployment Rate Change
2017 18.8%
2019 8.5% -10.3 pp (-54.8%)
2020 4.4% -4.1 pp (-48.2%)
2021 3.3% -1.1 pp (-25%)
2022 7.1% +3.8 pp (115.2%)
2023 9.0% +1.9 pp (26.8%)

Other Mount Olive town Trends