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Severn CDP: Unemployment Rate Trend

How Severn 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
6.3%
2023
5.1%
Total change
-1.2 pp
% change
-19%
Year Unemployment Rate Change
2017 6.3%
2019 4.7% -1.6 pp (-25.4%)
2020 4.5% -0.2 pp (-4.3%)
2021 4.7% +0.2 pp (4.4%)
2022 4.9% +0.2 pp (4.3%)
2023 5.1% +0.2 pp (4.1%)

Other Severn CDP Trends