Covington city: Unemployment Rate Trend
How Covington 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
8.1%
2023
7.4%
Total change
-0.7 pp
% change
-8.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.1% | — |
| 2019 | 6.1% | -2.0 pp (-24.7%) |
| 2020 | 5.1% | -1.0 pp (-16.4%) |
| 2021 | 4.8% | -0.3 pp (-5.9%) |
| 2022 | 6.1% | +1.3 pp (27.1%) |
| 2023 | 7.4% | +1.3 pp (21.3%) |