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Milford CDP: Unemployment Rate Trend

How Milford CDP'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
4.5%
2023
2.9%
Total change
-1.6 pp
% change
-35.6%
Year Unemployment Rate Change
2017 4.5%
2019 2.7% -1.8 pp (-40%)
2020 4.6% +1.9 pp (70.4%)
2021 4.6% +0.0 pp (0%)
2022 4.9% +0.3 pp (6.5%)
2023 2.9% -2.0 pp (-40.8%)

Other Milford CDP Trends