Magna metro township: Unemployment Rate Trend
How Magna metro township'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
6.0%
2023
5.0%
Total change
-1.0 pp
% change
-16.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.0% | — |
| 2019 | 5.2% | -0.8 pp (-13.3%) |
| 2020 | 6.2% | +1.0 pp (19.2%) |
| 2021 | 5.9% | -0.3 pp (-4.8%) |
| 2022 | 5.3% | -0.6 pp (-10.2%) |
| 2023 | 5.0% | -0.3 pp (-5.7%) |