Somerset village: Unemployment Rate Trend
How Somerset village'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
4.2%
2023
8.2%
Total change
+4.0 pp
% change
+95.2%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.2% | — |
| 2019 | 7.2% | +3.0 pp (71.4%) |
| 2020 | 6.3% | -0.9 pp (-12.5%) |
| 2021 | 10.0% | +3.7 pp (58.7%) |
| 2022 | 10.0% | +0.0 pp (0%) |
| 2023 | 8.2% | -1.8 pp (-18%) |