40740: Unemployment Rate Trend
How 40740'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
10.1%
2023
3.7%
Total change
-6.4 pp
% change
-63.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 10.1% | — |
| 2019 | 8.5% | -1.6 pp (-15.8%) |
| 2020 | 5.2% | -3.3 pp (-38.8%) |
| 2021 | 5.1% | -0.1 pp (-1.9%) |
| 2022 | 2.2% | -2.9 pp (-56.9%) |
| 2023 | 3.7% | +1.5 pp (68.2%) |