Velda City city: Unemployment Rate Trend
How Velda City 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
13.1%
2023
2.6%
Total change
-10.5 pp
% change
-80.2%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 13.1% | — |
| 2019 | 9.4% | -3.7 pp (-28.2%) |
| 2020 | 10.3% | +0.9 pp (9.6%) |
| 2021 | 3.0% | -7.3 pp (-70.9%) |
| 2022 | 4.5% | +1.5 pp (50%) |
| 2023 | 2.6% | -1.9 pp (-42.2%) |