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
4.2%
2023
3.6%
Total change
-0.6 pp
% change
-14.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.2% | — |
| 2019 | 2.1% | -2.1 pp (-50%) |
| 2020 | 2.8% | +0.7 pp (33.3%) |
| 2021 | 3.3% | +0.5 pp (17.9%) |
| 2022 | 3.4% | +0.1 pp (3%) |
| 2023 | 3.6% | +0.2 pp (5.9%) |