Colfax town: Unemployment Rate Trend
How Colfax town'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
5.7%
2023
4.4%
Total change
-1.3 pp
% change
-22.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.7% | — |
| 2019 | 8.6% | +2.9 pp (50.9%) |
| 2020 | 3.8% | -4.8 pp (-55.8%) |
| 2021 | 8.1% | +4.3 pp (113.2%) |
| 2022 | 7.1% | -1.0 pp (-12.3%) |
| 2023 | 4.4% | -2.7 pp (-38%) |