Red Oak city: Unemployment Rate Trend
How Red Oak 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
8.7%
2023
3.9%
Total change
-4.8 pp
% change
-55.2%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.7% | — |
| 2019 | 4.9% | -3.8 pp (-43.7%) |
| 2020 | 4.4% | -0.5 pp (-10.2%) |
| 2021 | 6.4% | +2.0 pp (45.5%) |
| 2022 | 7.5% | +1.1 pp (17.2%) |
| 2023 | 3.9% | -3.6 pp (-48%) |