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Austin city: Unemployment Rate Trend

How Austin city'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
5.7%
2023
2.5%
Total change
-3.2 pp
% change
-56.1%
Year Unemployment Rate Change
2017 5.7%
2019 4.4% -1.3 pp (-22.8%)
2020 3.7% -0.7 pp (-15.9%)
2021 3.5% -0.2 pp (-5.4%)
2022 2.2% -1.3 pp (-37.1%)
2023 2.5% +0.3 pp (13.6%)

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