Redwood CDP: Unemployment Rate Trend
How Redwood 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
5.0%
2023
5.5%
Total change
+0.5 pp
% change
+10%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.0% | — |
| 2019 | 1.7% | -3.3 pp (-66%) |
| 2020 | 5.5% | +3.8 pp (223.5%) |
| 2021 | 5.0% | -0.5 pp (-9.1%) |
| 2022 | 6.7% | +1.7 pp (34%) |
| 2023 | 5.5% | -1.2 pp (-17.9%) |