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
6.6%
2023
0.1%
Total change
-6.5 pp
% change
-98.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.6% | — |
| 2019 | 4.4% | -2.2 pp (-33.3%) |
| 2020 | 3.3% | -1.1 pp (-25%) |
| 2021 | 1.6% | -1.7 pp (-51.5%) |
| 2022 | 0.7% | -0.9 pp (-56.3%) |
| 2023 | 0.1% | -0.6 pp (-85.7%) |