11980: Unemployment Rate Trend
How 11980'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
4.9%
2023
3.0%
Total change
-1.9 pp
% change
-38.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.9% | — |
| 2019 | 4.1% | -0.8 pp (-16.3%) |
| 2020 | 6.3% | +2.2 pp (53.7%) |
| 2021 | 1.7% | -4.6 pp (-73%) |
| 2022 | 2.7% | +1.0 pp (58.8%) |
| 2023 | 3.0% | +0.3 pp (11.1%) |