Smithfield city: Unemployment Rate Trend
How Smithfield 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
4.5%
2023
2.4%
Total change
-2.1 pp
% change
-46.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.5% | — |
| 2019 | 2.9% | -1.6 pp (-35.6%) |
| 2020 | 3.2% | +0.3 pp (10.3%) |
| 2021 | 2.6% | -0.6 pp (-18.8%) |
| 2022 | 2.7% | +0.1 pp (3.8%) |
| 2023 | 2.4% | -0.3 pp (-11.1%) |