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Melbourne city: Unemployment Rate Trend

How Melbourne 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
6.5%
2023
4.4%
Total change
-2.1 pp
% change
-32.3%
Year Unemployment Rate Change
2017 6.5%
2019 4.3% -2.2 pp (-33.8%)
2020 3.6% -0.7 pp (-16.3%)
2021 3.8% +0.2 pp (5.6%)
2022 4.6% +0.8 pp (21.1%)
2023 4.4% -0.2 pp (-4.3%)

Other Melbourne city Trends