Terrace Park village: Unemployment Rate Trend
How Terrace Park village'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
4.6%
2023
3.6%
Total change
-1.0 pp
% change
-21.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.6% | — |
| 2019 | 1.9% | -2.7 pp (-58.7%) |
| 2020 | 2.1% | +0.2 pp (10.5%) |
| 2021 | 1.3% | -0.8 pp (-38.1%) |
| 2022 | 1.2% | -0.1 pp (-7.7%) |
| 2023 | 3.6% | +2.4 pp (200%) |