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Wakefield city: Unemployment Rate Trend

How Wakefield 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
0.5%
2023
2.1%
Total change
+1.6 pp
% change
+320%
Year Unemployment Rate Change
2017 0.5%
2019 4.3% +3.8 pp (760%)
2020 4.3% +0.0 pp (0%)
2021 5.1% +0.8 pp (18.6%)
2022 5.0% -0.1 pp (-2%)
2023 2.1% -2.9 pp (-58%)

Other Wakefield city Trends