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
10.4%
2023
7.5%
Total change
-2.9 pp
% change
-27.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 10.4% | — |
| 2019 | 5.9% | -4.5 pp (-43.3%) |
| 2020 | 5.0% | -0.9 pp (-15.3%) |
| 2021 | 5.4% | +0.4 pp (8%) |
| 2022 | 6.7% | +1.3 pp (24.1%) |
| 2023 | 7.5% | +0.8 pp (11.9%) |