Miami city: Unemployment Rate Trend
How Miami 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
8.1%
2023
5.0%
Total change
-3.1 pp
% change
-38.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.1% | — |
| 2019 | 6.0% | -2.1 pp (-25.9%) |
| 2020 | 5.7% | -0.3 pp (-5%) |
| 2021 | 5.6% | -0.1 pp (-1.8%) |
| 2022 | 5.0% | -0.6 pp (-10.7%) |
| 2023 | 5.0% | +0.0 pp (0%) |