Oakwood city: Unemployment Rate Trend
How Oakwood 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
3.5%
2023
3.4%
Total change
-0.1 pp
% change
-2.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.5% | — |
| 2019 | 3.8% | +0.3 pp (8.6%) |
| 2020 | 2.8% | -1.0 pp (-26.3%) |
| 2021 | 3.2% | +0.4 pp (14.3%) |
| 2022 | 4.0% | +0.8 pp (25%) |
| 2023 | 3.4% | -0.6 pp (-15%) |