Belmont city: Unemployment Rate Trend
How Belmont 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
4.8%
2023
6.7%
Total change
+1.9 pp
% change
+39.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.8% | — |
| 2019 | 3.2% | -1.6 pp (-33.3%) |
| 2020 | 5.4% | +2.2 pp (68.8%) |
| 2021 | 6.2% | +0.8 pp (14.8%) |
| 2022 | 6.5% | +0.3 pp (4.8%) |
| 2023 | 6.7% | +0.2 pp (3.1%) |