Prospect borough: Unemployment Rate Trend
How Prospect 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
8.6%
2023
5.8%
Total change
-2.8 pp
% change
-32.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.6% | — |
| 2019 | 7.8% | -0.8 pp (-9.3%) |
| 2020 | 3.4% | -4.4 pp (-56.4%) |
| 2021 | 4.7% | +1.3 pp (38.2%) |
| 2022 | 4.0% | -0.7 pp (-14.9%) |
| 2023 | 5.8% | +1.8 pp (45%) |