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
10.0%
2023
6.5%
Total change
-3.5 pp
% change
-35%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 10.0% | — |
| 2019 | 5.0% | -5.0 pp (-50%) |
| 2020 | 5.2% | +0.2 pp (4%) |
| 2021 | 7.6% | +2.4 pp (46.2%) |
| 2022 | 5.5% | -2.1 pp (-27.6%) |
| 2023 | 6.5% | +1.0 pp (18.2%) |