Valencia West CDP: Unemployment Rate Trend
How Valencia West CDP'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
3.9%
Total change
-2.6 pp
% change
-40%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.5% | — |
| 2019 | 3.4% | -3.1 pp (-47.7%) |
| 2020 | 3.1% | -0.3 pp (-8.8%) |
| 2021 | 2.4% | -0.7 pp (-22.6%) |
| 2022 | 3.2% | +0.8 pp (33.3%) |
| 2023 | 3.9% | +0.7 pp (21.9%) |