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Parkwood CDP: Unemployment Rate Trend

How Parkwood 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
5.9%
2023
1.1%
Total change
-4.8 pp
% change
-81.4%
Year Unemployment Rate Change
2017 5.9%
2019 4.1% -1.8 pp (-30.5%)
2020 2.3% -1.8 pp (-43.9%)
2021 2.5% +0.2 pp (8.7%)
2022 1.3% -1.2 pp (-48%)
2023 1.1% -0.2 pp (-15.4%)

Other Parkwood CDP Trends