40940: Unemployment Rate Trend
How 40940'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
12.6%
2023
41.7%
Total change
+29.1 pp
% change
+231%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 12.6% | — |
| 2019 | 22.4% | +9.8 pp (77.8%) |
| 2020 | 6.9% | -15.5 pp (-69.2%) |
| 2021 | 19.4% | +12.5 pp (181.2%) |
| 2022 | 49.3% | +29.9 pp (154.1%) |
| 2023 | 41.7% | -7.6 pp (-15.4%) |