Larchwood city: Unemployment Rate Trend
How Larchwood 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
7.4%
2023
1.6%
Total change
-5.8 pp
% change
-78.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.4% | — |
| 2019 | 3.2% | -4.2 pp (-56.8%) |
| 2020 | 2.0% | -1.2 pp (-37.5%) |
| 2021 | 3.4% | +1.4 pp (70%) |
| 2022 | 0.5% | -2.9 pp (-85.3%) |
| 2023 | 1.6% | +1.1 pp (220%) |