47940: Unemployment Rate Trend
How 47940'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
3.3%
2023
1.1%
Total change
-2.2 pp
% change
-66.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.3% | — |
| 2019 | 2.7% | -0.6 pp (-18.2%) |
| 2020 | 4.8% | +2.1 pp (77.8%) |
| 2021 | 4.3% | -0.5 pp (-10.4%) |
| 2022 | 1.6% | -2.7 pp (-62.8%) |
| 2023 | 1.1% | -0.5 pp (-31.3%) |