40220: Unemployment Rate Trend
How 40220'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
4.0%
2023
2.4%
Total change
-1.6 pp
% change
-40%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.0% | — |
| 2019 | 3.6% | -0.4 pp (-10%) |
| 2020 | 4.7% | +1.1 pp (30.6%) |
| 2021 | 3.1% | -1.6 pp (-34%) |
| 2022 | 2.4% | -0.7 pp (-22.6%) |
| 2023 | 2.4% | +0.0 pp (0%) |