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16020: Unemployment Rate Trend

How 16020'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
3.2%
2023
5.8%
Total change
+2.6 pp
% change
+81.2%
Year Unemployment Rate Change
2017 3.2%
2019 3.0% -0.2 pp (-6.3%)
2020 4.7% +1.7 pp (56.7%)
2021 6.6% +1.9 pp (40.4%)
2022 7.6% +1.0 pp (15.2%)
2023 5.8% -1.8 pp (-23.7%)

Other 16020 Trends