49420: Unemployment Rate Trend
How 49420'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
7.5%
2023
4.6%
Total change
-2.9 pp
% change
-38.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.5% | — |
| 2019 | 7.3% | -0.2 pp (-2.7%) |
| 2020 | 6.4% | -0.9 pp (-12.3%) |
| 2021 | 4.1% | -2.3 pp (-35.9%) |
| 2022 | 3.3% | -0.8 pp (-19.5%) |
| 2023 | 4.6% | +1.3 pp (39.4%) |