Elmwood city: Unemployment Rate Trend
How Elmwood 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
6.3%
2023
2.2%
Total change
-4.1 pp
% change
-65.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.3% | — |
| 2019 | 5.0% | -1.3 pp (-20.6%) |
| 2020 | 4.6% | -0.4 pp (-8%) |
| 2021 | 4.4% | -0.2 pp (-4.3%) |
| 2022 | 2.6% | -1.8 pp (-40.9%) |
| 2023 | 2.2% | -0.4 pp (-15.4%) |