Fairhope CDP: Unemployment Rate Trend
How Fairhope 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
4.7%
2023
5.6%
Total change
+0.9 pp
% change
+19.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.7% | — |
| 2019 | 5.7% | +1.0 pp (21.3%) |
| 2020 | 8.2% | +2.5 pp (43.9%) |
| 2021 | 3.6% | -4.6 pp (-56.1%) |
| 2022 | 4.8% | +1.2 pp (33.3%) |
| 2023 | 5.6% | +0.8 pp (16.7%) |