Fair Oaks CDP: Unemployment Rate Trend
How Fair Oaks 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
7.8%
2023
5.2%
Total change
-2.6 pp
% change
-33.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.8% | — |
| 2019 | 4.5% | -3.3 pp (-42.3%) |
| 2020 | 4.5% | +0.0 pp (0%) |
| 2021 | 4.1% | -0.4 pp (-8.9%) |
| 2022 | 4.6% | +0.5 pp (12.2%) |
| 2023 | 5.2% | +0.6 pp (13%) |