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Fayette city: Unemployment Rate Trend

How Fayette 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
16.8%
2023
0.2%
Total change
-16.6 pp
% change
-98.8%
Year Unemployment Rate Change
2017 16.8%
2019 7.5% -9.3 pp (-55.4%)
2020 4.4% -3.1 pp (-41.3%)
2021 2.4% -2.0 pp (-45.5%)
2022 0.2% -2.2 pp (-91.7%)
2023 0.2% +0.0 pp (0%)

Other Fayette city Trends