Schwenksville borough: Unemployment Rate Trend
How Schwenksville 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
7.1%
2023
6.1%
Total change
-1.0 pp
% change
-14.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.1% | — |
| 2019 | 4.2% | -2.9 pp (-40.8%) |
| 2020 | 4.8% | +0.6 pp (14.3%) |
| 2021 | 4.7% | -0.1 pp (-2.1%) |
| 2022 | 4.1% | -0.6 pp (-12.8%) |
| 2023 | 6.1% | +2.0 pp (48.8%) |