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
3.3%
2023
2.4%
Total change
-0.9 pp
% change
-27.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.3% | — |
| 2019 | 2.8% | -0.5 pp (-15.2%) |
| 2020 | 3.3% | +0.5 pp (17.9%) |
| 2021 | 3.0% | -0.3 pp (-9.1%) |
| 2022 | 3.3% | +0.3 pp (10%) |
| 2023 | 2.4% | -0.9 pp (-27.3%) |