Knoxville city: Unemployment Rate Trend
How Knoxville 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
4.5%
2023
1.9%
Total change
-2.6 pp
% change
-57.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.5% | — |
| 2019 | 2.7% | -1.8 pp (-40%) |
| 2020 | 2.8% | +0.1 pp (3.7%) |
| 2021 | 2.3% | -0.5 pp (-17.9%) |
| 2022 | 3.2% | +0.9 pp (39.1%) |
| 2023 | 1.9% | -1.3 pp (-40.6%) |