Wells city: Unemployment Rate Trend
How Wells 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
4.3%
2023
3.9%
Total change
-0.4 pp
% change
-9.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.3% | — |
| 2019 | 4.9% | +0.6 pp (14%) |
| 2020 | 3.6% | -1.3 pp (-26.5%) |
| 2021 | 4.4% | +0.8 pp (22.2%) |
| 2022 | 3.5% | -0.9 pp (-20.5%) |
| 2023 | 3.9% | +0.4 pp (11.4%) |