State College borough: Unemployment Rate Trend
How State College borough'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
8.5%
2023
4.5%
Total change
-4.0 pp
% change
-47.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.5% | — |
| 2019 | 5.7% | -2.8 pp (-32.9%) |
| 2020 | 5.0% | -0.7 pp (-12.3%) |
| 2021 | 5.4% | +0.4 pp (8%) |
| 2022 | 3.9% | -1.5 pp (-27.8%) |
| 2023 | 4.5% | +0.6 pp (15.4%) |