Montecito CDP: Unemployment Rate Trend
How Montecito CDP'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
8.6%
2023
4.2%
Total change
-4.4 pp
% change
-51.2%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.6% | — |
| 2019 | 8.8% | +0.2 pp (2.3%) |
| 2020 | 9.1% | +0.3 pp (3.4%) |
| 2021 | 7.7% | -1.4 pp (-15.4%) |
| 2022 | 5.0% | -2.7 pp (-35.1%) |
| 2023 | 4.2% | -0.8 pp (-16%) |