August CDP: Unemployment Rate Trend
How August CDP'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
18.4%
2023
10.3%
Total change
-8.1 pp
% change
-44%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 18.4% | — |
| 2019 | 16.1% | -2.3 pp (-12.5%) |
| 2020 | 5.9% | -10.2 pp (-63.4%) |
| 2021 | 5.2% | -0.7 pp (-11.9%) |
| 2022 | 8.5% | +3.3 pp (63.5%) |
| 2023 | 10.3% | +1.8 pp (21.2%) |