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
7.6%
2023
7.2%
Total change
-0.4 pp
% change
-5.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.6% | — |
| 2019 | 6.4% | -1.2 pp (-15.8%) |
| 2020 | 5.6% | -0.8 pp (-12.5%) |
| 2021 | 5.8% | +0.2 pp (3.6%) |
| 2022 | 6.0% | +0.2 pp (3.4%) |
| 2023 | 7.2% | +1.2 pp (20%) |