South Elgin village: Unemployment Rate Trend
How South Elgin 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
5.8%
2023
2.7%
Total change
-3.1 pp
% change
-53.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.8% | — |
| 2019 | 4.7% | -1.1 pp (-19%) |
| 2020 | 4.3% | -0.4 pp (-8.5%) |
| 2021 | 3.7% | -0.6 pp (-14%) |
| 2022 | 3.4% | -0.3 pp (-8.1%) |
| 2023 | 2.7% | -0.7 pp (-20.6%) |