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
2.5%
2023
5.4%
Total change
+2.9 pp
% change
+116%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 2.5% | — |
| 2019 | 2.6% | +0.1 pp (4%) |
| 2020 | 3.6% | +1.0 pp (38.5%) |
| 2021 | 4.8% | +1.2 pp (33.3%) |
| 2022 | 5.9% | +1.1 pp (22.9%) |
| 2023 | 5.4% | -0.5 pp (-8.5%) |