Waterloo city: Unemployment Rate Trend
How Waterloo 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
6.9%
2023
6.4%
Total change
-0.5 pp
% change
-7.2%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.9% | — |
| 2019 | 5.7% | -1.2 pp (-17.4%) |
| 2020 | 6.7% | +1.0 pp (17.5%) |
| 2021 | 6.7% | +0.0 pp (0%) |
| 2022 | 7.1% | +0.4 pp (6%) |
| 2023 | 6.4% | -0.7 pp (-9.9%) |