Somerset CDP: Unemployment Rate Trend
How Somerset 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
5.8%
2023
3.8%
Total change
-2.0 pp
% change
-34.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.8% | — |
| 2019 | 5.9% | +0.1 pp (1.7%) |
| 2020 | 4.7% | -1.2 pp (-20.3%) |
| 2021 | 5.2% | +0.5 pp (10.6%) |
| 2022 | 5.4% | +0.2 pp (3.8%) |
| 2023 | 3.8% | -1.6 pp (-29.6%) |