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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
3.6%
2023
2.7%
Total change
-0.9 pp
% change
-25%
Year Unemployment Rate Change
2017 3.6%
2019 3.0% -0.6 pp (-16.7%)
2020 1.9% -1.1 pp (-36.7%)
2021 2.3% +0.4 pp (21.1%)
2022 3.0% +0.7 pp (30.4%)
2023 2.7% -0.3 pp (-10%)

Other Milford village Trends