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
7.8%
2023
5.3%
Total change
-2.5 pp
% change
-32.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.8% | — |
| 2019 | 5.9% | -1.9 pp (-24.4%) |
| 2020 | 5.6% | -0.3 pp (-5.1%) |
| 2021 | 5.9% | +0.3 pp (5.4%) |
| 2022 | 5.6% | -0.3 pp (-5.1%) |
| 2023 | 5.3% | -0.3 pp (-5.4%) |