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
17.4%
2023
0.5%
Total change
-16.9 pp
% change
-97.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 17.4% | — |
| 2019 | 11.2% | -6.2 pp (-35.6%) |
| 2020 | 4.9% | -6.3 pp (-56.2%) |
| 2021 | 1.8% | -3.1 pp (-63.3%) |
| 2022 | 0.2% | -1.6 pp (-88.9%) |
| 2023 | 0.5% | +0.3 pp (150%) |