Franklin city: Unemployment Rate Trend
How Franklin 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
7.2%
2023
5.5%
Total change
-1.7 pp
% change
-23.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.2% | — |
| 2019 | 5.0% | -2.2 pp (-30.6%) |
| 2020 | 7.8% | +2.8 pp (56%) |
| 2021 | 5.8% | -2.0 pp (-25.6%) |
| 2022 | 5.2% | -0.6 pp (-10.3%) |
| 2023 | 5.5% | +0.3 pp (5.8%) |