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Welcome CDP: Unemployment Rate Trend

How Welcome CDP'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
5.4%
2023
3.1%
Total change
-2.3 pp
% change
-42.6%
Year Unemployment Rate Change
2017 5.4%
2019 6.5% +1.1 pp (20.4%)
2020 7.4% +0.9 pp (13.8%)
2021 4.9% -2.5 pp (-33.8%)
2022 1.8% -3.1 pp (-63.3%)
2023 3.1% +1.3 pp (72.2%)

Other Welcome CDP Trends