Owatonna, MN Micro Area: Unemployment Rate Trend
How Owatonna, MN Micro Area'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
4.5%
2023
3.1%
Total change
-1.4 pp
% change
-31.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.5% | — |
| 2019 | 3.7% | -0.8 pp (-17.8%) |
| 2020 | 3.7% | +0.0 pp (0%) |
| 2021 | 3.8% | +0.1 pp (2.7%) |
| 2022 | 3.4% | -0.4 pp (-10.5%) |
| 2023 | 3.1% | -0.3 pp (-8.8%) |