Smethport borough: Unemployment Rate Trend
How Smethport 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
7.2%
2023
5.7%
Total change
-1.5 pp
% change
-20.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.2% | — |
| 2019 | 3.5% | -3.7 pp (-51.4%) |
| 2020 | 4.7% | +1.2 pp (34.3%) |
| 2021 | 5.5% | +0.8 pp (17%) |
| 2022 | 5.6% | +0.1 pp (1.8%) |
| 2023 | 5.7% | +0.1 pp (1.8%) |