48060: Unemployment Rate Trend
How 48060'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
10.5%
2023
9.0%
Total change
-1.5 pp
% change
-14.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 10.5% | — |
| 2019 | 8.4% | -2.1 pp (-20%) |
| 2020 | 5.8% | -2.6 pp (-31%) |
| 2021 | 7.8% | +2.0 pp (34.5%) |
| 2022 | 8.9% | +1.1 pp (14.1%) |
| 2023 | 9.0% | +0.1 pp (1.1%) |