Spencerville village: Unemployment Rate Trend
How Spencerville village'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
5.8%
2023
9.9%
Total change
+4.1 pp
% change
+70.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.8% | — |
| 2019 | 5.1% | -0.7 pp (-12.1%) |
| 2020 | 3.1% | -2.0 pp (-39.2%) |
| 2021 | 3.1% | +0.0 pp (0%) |
| 2022 | 7.9% | +4.8 pp (154.8%) |
| 2023 | 9.9% | +2.0 pp (25.3%) |