Red Oaks Mill CDP: Unemployment Rate Trend
How Red Oaks Mill 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
4.1%
2023
3.4%
Total change
-0.7 pp
% change
-17.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.1% | — |
| 2019 | 4.7% | +0.6 pp (14.6%) |
| 2020 | 2.0% | -2.7 pp (-57.4%) |
| 2021 | 3.4% | +1.4 pp (70%) |
| 2022 | 3.3% | -0.1 pp (-2.9%) |
| 2023 | 3.4% | +0.1 pp (3%) |