Elwood CDP: Unemployment Rate Trend
How Elwood CDP'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
5.6%
2023
1.8%
Total change
-3.8 pp
% change
-67.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.6% | — |
| 2019 | 3.9% | -1.7 pp (-30.4%) |
| 2020 | 2.2% | -1.7 pp (-43.6%) |
| 2021 | 2.7% | +0.5 pp (22.7%) |
| 2022 | 2.4% | -0.3 pp (-11.1%) |
| 2023 | 1.8% | -0.6 pp (-25%) |