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
13.2%
2023
0.8%
Total change
-12.4 pp
% change
-93.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 13.2% | — |
| 2019 | 12.3% | -0.9 pp (-6.8%) |
| 2020 | 8.5% | -3.8 pp (-30.9%) |
| 2021 | 8.1% | -0.4 pp (-4.7%) |
| 2022 | 2.7% | -5.4 pp (-66.7%) |
| 2023 | 0.8% | -1.9 pp (-70.4%) |