Martinsville city: Unemployment Rate Trend
How Martinsville 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
12.4%
2023
4.4%
Total change
-8.0 pp
% change
-64.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 12.4% | — |
| 2019 | 12.1% | -0.3 pp (-2.4%) |
| 2020 | 8.9% | -3.2 pp (-26.4%) |
| 2021 | 6.5% | -2.4 pp (-27%) |
| 2022 | 5.6% | -0.9 pp (-13.8%) |
| 2023 | 4.4% | -1.2 pp (-21.4%) |