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
4.6%
2023
3.4%
Total change
-1.2 pp
% change
-26.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.6% | — |
| 2019 | 3.2% | -1.4 pp (-30.4%) |
| 2020 | 3.5% | +0.3 pp (9.4%) |
| 2021 | 3.9% | +0.4 pp (11.4%) |
| 2022 | 3.0% | -0.9 pp (-23.1%) |
| 2023 | 3.4% | +0.4 pp (13.3%) |