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
15.5%
2023
7.4%
Total change
-8.1 pp
% change
-52.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 15.5% | — |
| 2019 | 15.1% | -0.4 pp (-2.6%) |
| 2020 | 16.9% | +1.8 pp (11.9%) |
| 2021 | 13.3% | -3.6 pp (-21.3%) |
| 2022 | 9.6% | -3.7 pp (-27.8%) |
| 2023 | 7.4% | -2.2 pp (-22.9%) |