Red Bay city: Unemployment Rate Trend
How Red Bay 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
7.5%
2023
1.8%
Total change
-5.7 pp
% change
-76%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.5% | — |
| 2019 | 6.1% | -1.4 pp (-18.7%) |
| 2020 | 6.9% | +0.8 pp (13.1%) |
| 2021 | 5.7% | -1.2 pp (-17.4%) |
| 2022 | 3.6% | -2.1 pp (-36.8%) |
| 2023 | 1.8% | -1.8 pp (-50%) |