North Hobbs CDP: Unemployment Rate Trend
How North Hobbs CDP'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
3.5%
2023
9.7%
Total change
+6.2 pp
% change
+177.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.5% | — |
| 2019 | 6.4% | +2.9 pp (82.9%) |
| 2020 | 7.2% | +0.8 pp (12.5%) |
| 2021 | 10.9% | +3.7 pp (51.4%) |
| 2022 | 11.3% | +0.4 pp (3.7%) |
| 2023 | 9.7% | -1.6 pp (-14.2%) |