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Somerset borough: Unemployment Rate Trend

How Somerset 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
10.0%
2023
3.8%
Total change
-6.2 pp
% change
-62%
Year Unemployment Rate Change
2017 10.0%
2019 8.7% -1.3 pp (-13%)
2020 5.8% -2.9 pp (-33.3%)
2021 5.7% -0.1 pp (-1.7%)
2022 4.1% -1.6 pp (-28.1%)
2023 3.8% -0.3 pp (-7.3%)

Other Somerset borough Trends