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
3.5%
2023
5.8%
Total change
+2.3 pp
% change
+65.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.5% | — |
| 2019 | 4.2% | +0.7 pp (20%) |
| 2020 | 3.3% | -0.9 pp (-21.4%) |
| 2021 | 3.6% | +0.3 pp (9.1%) |
| 2022 | 5.0% | +1.4 pp (38.9%) |
| 2023 | 5.8% | +0.8 pp (16%) |