Fayette village: Unemployment Rate Trend
How Fayette village'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
7.8%
2023
5.7%
Total change
-2.1 pp
% change
-26.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.8% | — |
| 2019 | 2.7% | -5.1 pp (-65.4%) |
| 2020 | 2.0% | -0.7 pp (-25.9%) |
| 2021 | 4.6% | +2.6 pp (130%) |
| 2022 | 5.3% | +0.7 pp (15.2%) |
| 2023 | 5.7% | +0.4 pp (7.5%) |