Carmel city: Unemployment Rate Trend
How Carmel 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
3.0%
2023
2.7%
Total change
-0.3 pp
% change
-10%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.0% | — |
| 2019 | 2.5% | -0.5 pp (-16.7%) |
| 2020 | 2.7% | +0.2 pp (8%) |
| 2021 | 2.7% | +0.0 pp (0%) |
| 2022 | 2.6% | -0.1 pp (-3.7%) |
| 2023 | 2.7% | +0.1 pp (3.8%) |