Belvidere city: Unemployment Rate Trend
How Belvidere 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
8.7%
2023
7.1%
Total change
-1.6 pp
% change
-18.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.7% | — |
| 2019 | 7.1% | -1.6 pp (-18.4%) |
| 2020 | 8.2% | +1.1 pp (15.5%) |
| 2021 | 7.3% | -0.9 pp (-11%) |
| 2022 | 5.6% | -1.7 pp (-23.3%) |
| 2023 | 7.1% | +1.5 pp (26.8%) |