Spring Lake town: Unemployment Rate Trend
How Spring Lake town'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
11.0%
2023
6.1%
Total change
-4.9 pp
% change
-44.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 11.0% | — |
| 2019 | 11.8% | +0.8 pp (7.3%) |
| 2020 | 9.3% | -2.5 pp (-21.2%) |
| 2021 | 9.0% | -0.3 pp (-3.2%) |
| 2022 | 8.3% | -0.7 pp (-7.8%) |
| 2023 | 6.1% | -2.2 pp (-26.5%) |