Stanford city: Unemployment Rate Trend
How Stanford 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
12.0%
2023
3.5%
Total change
-8.5 pp
% change
-70.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 12.0% | — |
| 2019 | 8.3% | -3.7 pp (-30.8%) |
| 2020 | 8.5% | +0.2 pp (2.4%) |
| 2021 | 4.3% | -4.2 pp (-49.4%) |
| 2022 | 3.3% | -1.0 pp (-23.3%) |
| 2023 | 3.5% | +0.2 pp (6.1%) |