Richmond-Berea, KY Micro Area: Unemployment Rate Trend
How Richmond-Berea, KY 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
7.3%
2023
5.5%
Total change
-1.8 pp
% change
-24.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.3% | — |
| 2019 | 6.3% | -1.0 pp (-13.7%) |
| 2020 | 6.9% | +0.6 pp (9.5%) |
| 2021 | 6.2% | -0.7 pp (-10.1%) |
| 2022 | 5.8% | -0.4 pp (-6.5%) |
| 2023 | 5.5% | -0.3 pp (-5.2%) |