Fairwood CDP: Unemployment Rate Trend
How Fairwood 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
3.1%
2023
1.4%
Total change
-1.7 pp
% change
-54.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.1% | — |
| 2019 | 3.7% | +0.6 pp (19.4%) |
| 2020 | 2.9% | -0.8 pp (-21.6%) |
| 2021 | 1.9% | -1.0 pp (-34.5%) |
| 2022 | 2.0% | +0.1 pp (5.3%) |
| 2023 | 1.4% | -0.6 pp (-30%) |