16740: Unemployment Rate Trend
How 16740'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
4.4%
2023
3.8%
Total change
-0.6 pp
% change
-13.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.4% | — |
| 2019 | 4.7% | +0.3 pp (6.8%) |
| 2020 | 5.1% | +0.4 pp (8.5%) |
| 2021 | 3.0% | -2.1 pp (-41.2%) |
| 2022 | 3.7% | +0.7 pp (23.3%) |
| 2023 | 3.8% | +0.1 pp (2.7%) |