Kannapolis city: Unemployment Rate Trend
How Kannapolis 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
8.3%
2023
4.7%
Total change
-3.6 pp
% change
-43.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.3% | — |
| 2019 | 6.2% | -2.1 pp (-25.3%) |
| 2020 | 7.5% | +1.3 pp (21%) |
| 2021 | 7.7% | +0.2 pp (2.7%) |
| 2022 | 6.1% | -1.6 pp (-20.8%) |
| 2023 | 4.7% | -1.4 pp (-23%) |