Loyal city: Unemployment Rate Trend
How Loyal 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
4.7%
2023
2.8%
Total change
-1.9 pp
% change
-40.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.7% | — |
| 2019 | 2.5% | -2.2 pp (-46.8%) |
| 2020 | 2.7% | +0.2 pp (8%) |
| 2021 | 1.6% | -1.1 pp (-40.7%) |
| 2022 | 0.4% | -1.2 pp (-75%) |
| 2023 | 2.8% | +2.4 pp (600%) |