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Wake County: Unemployment Rate Trend

How Wake County'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
3.3%
2023
5.5%
Total change
+2.2 pp
% change
+66.7%
Year Unemployment Rate Change
2017 3.3%
2019 1.3% -2.0 pp (-60.6%)
2020
2021 7.9%
2022 7.4% -0.5 pp (-6.3%)
2023 5.5% -1.9 pp (-25.7%)

Other Wake County Trends