Homestead city: Unemployment Rate Trend
How Homestead 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
9.4%
2023
3.8%
Total change
-5.6 pp
% change
-59.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 9.4% | — |
| 2019 | 7.1% | -2.3 pp (-24.5%) |
| 2020 | 6.3% | -0.8 pp (-11.3%) |
| 2021 | 6.3% | +0.0 pp (0%) |
| 2022 | 4.8% | -1.5 pp (-23.8%) |
| 2023 | 3.8% | -1.0 pp (-20.8%) |