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
8.1%
2023
6.7%
Total change
-1.4 pp
% change
-17.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.1% | — |
| 2019 | 7.2% | -0.9 pp (-11.1%) |
| 2020 | 8.7% | +1.5 pp (20.8%) |
| 2021 | 7.9% | -0.8 pp (-9.2%) |
| 2022 | 7.3% | -0.6 pp (-7.6%) |
| 2023 | 6.7% | -0.6 pp (-8.2%) |