Fairbank city: Unemployment Rate Trend
How Fairbank 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
2.0%
2023
2.6%
Total change
+0.6 pp
% change
+30%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 2.0% | — |
| 2019 | 1.6% | -0.4 pp (-20%) |
| 2020 | 4.5% | +2.9 pp (181.2%) |
| 2021 | 3.1% | -1.4 pp (-31.1%) |
| 2022 | 3.8% | +0.7 pp (22.6%) |
| 2023 | 2.6% | -1.2 pp (-31.6%) |