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Spencerville CDP: Unemployment Rate Trend

How Spencerville CDP'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
4.7%
2023
5.2%
Total change
+0.5 pp
% change
+10.6%
Year Unemployment Rate Change
2017 4.7%
2019 1.3% -3.4 pp (-72.3%)
2020 0.9% -0.4 pp (-30.8%)
2021 1.1% +0.2 pp (22.2%)
2022 3.0% +1.9 pp (172.7%)
2023 5.2% +2.2 pp (73.3%)

Other Spencerville CDP Trends