Florence city: Unemployment Rate Trend
How Florence 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
7.7%
2023
1.8%
Total change
-5.9 pp
% change
-76.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.7% | — |
| 2019 | 3.5% | -4.2 pp (-54.5%) |
| 2020 | 4.0% | +0.5 pp (14.3%) |
| 2021 | 2.0% | -2.0 pp (-50%) |
| 2022 | 1.6% | -0.4 pp (-20%) |
| 2023 | 1.8% | +0.2 pp (12.5%) |