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
7.6%
2023
18.3%
Total change
+10.7 pp
% change
+140.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.6% | — |
| 2019 | 11.0% | +3.4 pp (44.7%) |
| 2020 | 20.7% | +9.7 pp (88.2%) |
| 2021 | 29.0% | +8.3 pp (40.1%) |
| 2022 | 24.0% | -5.0 pp (-17.2%) |
| 2023 | 18.3% | -5.7 pp (-23.7%) |