Bingham Farms village: Unemployment Rate Trend
How Bingham Farms village'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
8.1%
2023
3.2%
Total change
-4.9 pp
% change
-60.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.1% | — |
| 2019 | 5.4% | -2.7 pp (-33.3%) |
| 2020 | 3.2% | -2.2 pp (-40.7%) |
| 2021 | 2.6% | -0.6 pp (-18.8%) |
| 2022 | 3.2% | +0.6 pp (23.1%) |
| 2023 | 3.2% | +0.0 pp (0%) |