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
5.6%
Total change
-2.1 pp
% change
-27.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.7% | — |
| 2019 | 5.2% | -2.5 pp (-32.5%) |
| 2020 | 3.9% | -1.3 pp (-25%) |
| 2021 | 4.3% | +0.4 pp (10.3%) |
| 2022 | 4.8% | +0.5 pp (11.6%) |
| 2023 | 5.6% | +0.8 pp (16.7%) |