20740: Unemployment Rate Trend
How 20740'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
6.1%
2023
7.5%
Total change
+1.4 pp
% change
+23%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.1% | — |
| 2019 | 4.3% | -1.8 pp (-29.5%) |
| 2020 | 3.4% | -0.9 pp (-20.9%) |
| 2021 | 6.3% | +2.9 pp (85.3%) |
| 2022 | 6.6% | +0.3 pp (4.8%) |
| 2023 | 7.5% | +0.9 pp (13.6%) |