Tool city: Unemployment Rate Trend
How Tool 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
13.4%
2023
3.7%
Total change
-9.7 pp
% change
-72.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 13.4% | — |
| 2019 | 7.3% | -6.1 pp (-45.5%) |
| 2020 | 9.3% | +2.0 pp (27.4%) |
| 2021 | 11.8% | +2.5 pp (26.9%) |
| 2022 | 3.7% | -8.1 pp (-68.6%) |
| 2023 | 3.7% | +0.0 pp (0%) |