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
6.3%
2023
5.0%
Total change
-1.3 pp
% change
-20.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.3% | — |
| 2019 | 4.5% | -1.8 pp (-28.6%) |
| 2020 | 4.8% | +0.3 pp (6.7%) |
| 2021 | 4.2% | -0.6 pp (-12.5%) |
| 2022 | 4.4% | +0.2 pp (4.8%) |
| 2023 | 5.0% | +0.6 pp (13.6%) |