11940: Unemployment Rate Trend
How 11940'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
2.8%
2023
1.2%
Total change
-1.6 pp
% change
-57.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 2.8% | — |
| 2019 | 3.4% | +0.6 pp (21.4%) |
| 2020 | 6.2% | +2.8 pp (82.4%) |
| 2021 | 2.6% | -3.6 pp (-58.1%) |
| 2022 | 2.3% | -0.3 pp (-11.5%) |
| 2023 | 1.2% | -1.1 pp (-47.8%) |