Falkville town: Unemployment Rate Trend
How Falkville town'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
9.6%
2023
2.7%
Total change
-6.9 pp
% change
-71.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 9.6% | — |
| 2019 | 6.4% | -3.2 pp (-33.3%) |
| 2020 | 3.4% | -3.0 pp (-46.9%) |
| 2021 | 4.3% | +0.9 pp (26.5%) |
| 2022 | 4.3% | +0.0 pp (0%) |
| 2023 | 2.7% | -1.6 pp (-37.2%) |