Socorro city: Unemployment Rate Trend
How Socorro city'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
5.5%
2023
0.7%
Total change
-4.8 pp
% change
-87.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.5% | — |
| 2019 | 2.2% | -3.3 pp (-60%) |
| 2020 | 2.9% | +0.7 pp (31.8%) |
| 2021 | 1.7% | -1.2 pp (-41.4%) |
| 2022 | 3.0% | +1.3 pp (76.5%) |
| 2023 | 0.7% | -2.3 pp (-76.7%) |