Spencer city: Unemployment Rate Trend
How Spencer 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
4.0%
2023
5.1%
Total change
+1.1 pp
% change
+27.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.0% | — |
| 2019 | 5.0% | +1.0 pp (25%) |
| 2020 | 5.7% | +0.7 pp (14%) |
| 2021 | 5.6% | -0.1 pp (-1.8%) |
| 2022 | 5.2% | -0.4 pp (-7.1%) |
| 2023 | 5.1% | -0.1 pp (-1.9%) |