Hoffman Estates village: Unemployment Rate Trend
How Hoffman Estates village'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
5.0%
2023
3.6%
Total change
-1.4 pp
% change
-28%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.0% | — |
| 2019 | 3.4% | -1.6 pp (-32%) |
| 2020 | 3.5% | +0.1 pp (2.9%) |
| 2021 | 3.9% | +0.4 pp (11.4%) |
| 2022 | 3.7% | -0.2 pp (-5.1%) |
| 2023 | 3.6% | -0.1 pp (-2.7%) |