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
5.0%
2023
8.4%
Total change
+3.4 pp
% change
+68%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.0% | — |
| 2019 | 2.0% | -3.0 pp (-60%) |
| 2020 | 7.9% | +5.9 pp (295%) |
| 2021 | 6.2% | -1.7 pp (-21.5%) |
| 2022 | 6.1% | -0.1 pp (-1.6%) |
| 2023 | 8.4% | +2.3 pp (37.7%) |