Germantown city: Unemployment Rate Trend
How Germantown 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
8.7%
2023
6.5%
Total change
-2.2 pp
% change
-25.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.7% | — |
| 2019 | 5.3% | -3.4 pp (-39.1%) |
| 2020 | 9.2% | +3.9 pp (73.6%) |
| 2021 | 7.3% | -1.9 pp (-20.7%) |
| 2022 | 6.6% | -0.7 pp (-9.6%) |
| 2023 | 6.5% | -0.1 pp (-1.5%) |