Beloit city: Unemployment Rate Trend
How Beloit 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
4.9%
2023
1.6%
Total change
-3.3 pp
% change
-67.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.9% | — |
| 2019 | 4.8% | -0.1 pp (-2%) |
| 2020 | 4.4% | -0.4 pp (-8.3%) |
| 2021 | 3.2% | -1.2 pp (-27.3%) |
| 2022 | 1.3% | -1.9 pp (-59.4%) |
| 2023 | 1.6% | +0.3 pp (23.1%) |