48140: Unemployment Rate Trend
How 48140'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
2.8%
2023
5.3%
Total change
+2.5 pp
% change
+89.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 2.8% | — |
| 2019 | 2.8% | +0.0 pp (0%) |
| 2020 | 3.1% | +0.3 pp (10.7%) |
| 2021 | 2.7% | -0.4 pp (-12.9%) |
| 2022 | 2.9% | +0.2 pp (7.4%) |
| 2023 | 5.3% | +2.4 pp (82.8%) |