Colfax city: Unemployment Rate Trend
How Colfax 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
9.2%
2023
3.7%
Total change
-5.5 pp
% change
-59.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 9.2% | — |
| 2019 | 3.7% | -5.5 pp (-59.8%) |
| 2020 | 3.4% | -0.3 pp (-8.1%) |
| 2021 | 5.8% | +2.4 pp (70.6%) |
| 2022 | 5.9% | +0.1 pp (1.7%) |
| 2023 | 3.7% | -2.2 pp (-37.3%) |