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Valdese town: Unemployment Rate Trend

How Valdese town'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
6.5%
2023
4.8%
Total change
-1.7 pp
% change
-26.2%
Year Unemployment Rate Change
2017 6.5%
2019 3.2% -3.3 pp (-50.8%)
2020 3.7% +0.5 pp (15.6%)
2021 2.2% -1.5 pp (-40.5%)
2022 2.7% +0.5 pp (22.7%)
2023 4.8% +2.1 pp (77.8%)

Other Valdese town Trends