Oil City city: Unemployment Rate Trend
How Oil City 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
11.7%
2023
6.7%
Total change
-5.0 pp
% change
-42.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 11.7% | — |
| 2019 | 8.8% | -2.9 pp (-24.8%) |
| 2020 | 8.1% | -0.7 pp (-8%) |
| 2021 | 8.9% | +0.8 pp (9.9%) |
| 2022 | 7.8% | -1.1 pp (-12.4%) |
| 2023 | 6.7% | -1.1 pp (-14.1%) |