Northwood city: Unemployment Rate Trend
How Northwood 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
8.8%
2023
4.6%
Total change
-4.2 pp
% change
-47.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.8% | — |
| 2019 | 6.0% | -2.8 pp (-31.8%) |
| 2020 | 4.5% | -1.5 pp (-25%) |
| 2021 | 5.0% | +0.5 pp (11.1%) |
| 2022 | 5.6% | +0.6 pp (12%) |
| 2023 | 4.6% | -1.0 pp (-17.9%) |