Magnolia city: Unemployment Rate Trend
How Magnolia 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
8.6%
2023
5.2%
Total change
-3.4 pp
% change
-39.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.6% | — |
| 2019 | 9.1% | +0.5 pp (5.8%) |
| 2020 | 18.1% | +9.0 pp (98.9%) |
| 2021 | 7.6% | -10.5 pp (-58%) |
| 2022 | 7.6% | +0.0 pp (0%) |
| 2023 | 5.2% | -2.4 pp (-31.6%) |