Smithfield borough: Unemployment Rate Trend
How Smithfield 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
9.5%
2023
7.0%
Total change
-2.5 pp
% change
-26.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 9.5% | — |
| 2019 | 12.8% | +3.3 pp (34.7%) |
| 2020 | 8.4% | -4.4 pp (-34.4%) |
| 2021 | 10.6% | +2.2 pp (26.2%) |
| 2022 | 8.7% | -1.9 pp (-17.9%) |
| 2023 | 7.0% | -1.7 pp (-19.5%) |