Phoenixville borough: Unemployment Rate Trend
How Phoenixville 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
6.2%
2023
3.8%
Total change
-2.4 pp
% change
-38.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.2% | — |
| 2019 | 4.3% | -1.9 pp (-30.6%) |
| 2020 | 4.7% | +0.4 pp (9.3%) |
| 2021 | 4.8% | +0.1 pp (2.1%) |
| 2022 | 3.5% | -1.3 pp (-27.1%) |
| 2023 | 3.8% | +0.3 pp (8.6%) |