Summit town: Unemployment Rate Trend
How Summit 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
15.2%
2023
9.2%
Total change
-6.0 pp
% change
-39.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 15.2% | — |
| 2019 | 7.0% | -8.2 pp (-53.9%) |
| 2020 | 6.0% | -1.0 pp (-14.3%) |
| 2021 | 8.4% | +2.4 pp (40%) |
| 2022 | 9.2% | +0.8 pp (9.5%) |
| 2023 | 9.2% | +0.0 pp (0%) |