Ferrum CDP: Unemployment Rate Trend
How Ferrum 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
12.7%
2023
8.4%
Total change
-4.3 pp
% change
-33.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 12.7% | — |
| 2019 | 13.3% | +0.6 pp (4.7%) |
| 2020 | 12.6% | -0.7 pp (-5.3%) |
| 2021 | 8.7% | -3.9 pp (-31%) |
| 2022 | 6.5% | -2.2 pp (-25.3%) |
| 2023 | 8.4% | +1.9 pp (29.2%) |