Milford village: Unemployment Rate Trend
How Milford village'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
9.6%
2023
5.1%
Total change
-4.5 pp
% change
-46.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 9.6% | — |
| 2019 | 7.8% | -1.8 pp (-18.8%) |
| 2020 | 5.9% | -1.9 pp (-24.4%) |
| 2021 | 7.0% | +1.1 pp (18.6%) |
| 2022 | 3.5% | -3.5 pp (-50%) |
| 2023 | 5.1% | +1.6 pp (45.7%) |