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
10.2%
2023
9.8%
Total change
-0.4 pp
% change
-3.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 10.2% | — |
| 2019 | 8.5% | -1.7 pp (-16.7%) |
| 2020 | 9.5% | +1.0 pp (11.8%) |
| 2021 | 10.3% | +0.8 pp (8.4%) |
| 2022 | 6.9% | -3.4 pp (-33%) |
| 2023 | 9.8% | +2.9 pp (42%) |