Richmond city: Unemployment Rate Trend
How Richmond 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
7.0%
Total change
-1.7 pp
% change
-19.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.7% | — |
| 2019 | 6.0% | -2.7 pp (-31%) |
| 2020 | 6.3% | +0.3 pp (5%) |
| 2021 | 6.9% | +0.6 pp (9.5%) |
| 2022 | 6.9% | +0.0 pp (0%) |
| 2023 | 7.0% | +0.1 pp (1.4%) |