Oakfield village: Unemployment Rate Trend
How Oakfield 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
2.2%
2023
1.0%
Total change
-1.2 pp
% change
-54.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 2.2% | — |
| 2019 | 2.5% | +0.3 pp (13.6%) |
| 2020 | 3.2% | +0.7 pp (28%) |
| 2021 | 2.8% | -0.4 pp (-12.5%) |
| 2022 | 1.6% | -1.2 pp (-42.9%) |
| 2023 | 1.0% | -0.6 pp (-37.5%) |