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New Hope borough: Unemployment Rate Trend

How New Hope 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
4.3%
2023
5.6%
Total change
+1.3 pp
% change
+30.2%
Year Unemployment Rate Change
2017 4.3%
2019 5.2% +0.9 pp (20.9%)
2020 3.9% -1.3 pp (-25%)
2021 6.7% +2.8 pp (71.8%)
2022 8.5% +1.8 pp (26.9%)
2023 5.6% -2.9 pp (-34.1%)

Other New Hope borough Trends