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
2.6%
2023
0.6%
Total change
-2.0 pp
% change
-76.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 2.6% | — |
| 2019 | 5.3% | +2.7 pp (103.8%) |
| 2020 | 3.9% | -1.4 pp (-26.4%) |
| 2021 | 2.6% | -1.3 pp (-33.3%) |
| 2022 | 3.5% | +0.9 pp (34.6%) |
| 2023 | 0.6% | -2.9 pp (-82.9%) |