Springtown city: Unemployment Rate Trend
How Springtown 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
7.4%
2023
2.0%
Total change
-5.4 pp
% change
-73%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.4% | — |
| 2019 | 1.3% | -6.1 pp (-82.4%) |
| 2020 | 1.4% | +0.1 pp (7.7%) |
| 2021 | 2.5% | +1.1 pp (78.6%) |
| 2022 | 2.8% | +0.3 pp (12%) |
| 2023 | 2.0% | -0.8 pp (-28.6%) |