Oakwood CDP: Unemployment Rate Trend
How Oakwood 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
9.0%
2023
5.1%
Total change
-3.9 pp
% change
-43.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 9.0% | — |
| 2019 | 9.0% | +0.0 pp (0%) |
| 2020 | 3.4% | -5.6 pp (-62.2%) |
| 2021 | 3.0% | -0.4 pp (-11.8%) |
| 2022 | 2.7% | -0.3 pp (-10%) |
| 2023 | 5.1% | +2.4 pp (88.9%) |