Minneapolis city: Unemployment Rate Trend
How Minneapolis 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
4.5%
2023
4.9%
Total change
+0.4 pp
% change
+8.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.5% | — |
| 2019 | 0.7% | -3.8 pp (-84.4%) |
| 2020 | 1.9% | +1.2 pp (171.4%) |
| 2021 | 5.1% | +3.2 pp (168.4%) |
| 2022 | 4.5% | -0.6 pp (-11.8%) |
| 2023 | 4.9% | +0.4 pp (8.9%) |