23420: Unemployment Rate Trend
How 23420'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
14.3%
2023
0.8%
Total change
-13.5 pp
% change
-94.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 14.3% | — |
| 2019 | 5.6% | -8.7 pp (-60.8%) |
| 2020 | 8.9% | +3.3 pp (58.9%) |
| 2021 | 3.3% | -5.6 pp (-62.9%) |
| 2022 | 1.6% | -1.7 pp (-51.5%) |
| 2023 | 0.8% | -0.8 pp (-50%) |