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Monmouth city: Unemployment Rate Trend

How Monmouth 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
8.0%
2023
7.2%
Total change
-0.8 pp
% change
-10%
Year Unemployment Rate Change
2017 8.0%
2019 11.6% +3.6 pp (45%)
2020 13.2% +1.6 pp (13.8%)
2021 12.3% -0.9 pp (-6.8%)
2022 10.7% -1.6 pp (-13%)
2023 7.2% -3.5 pp (-32.7%)

Other Monmouth city Trends