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Monterey town: Unemployment Rate Trend

How Monterey town'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
6.0%
2023
2.0%
Total change
-4.0 pp
% change
-66.7%
Year Unemployment Rate Change
2017 6.0%
2019 3.4% -2.6 pp (-43.3%)
2020 2.2% -1.2 pp (-35.3%)
2021 2.9% +0.7 pp (31.8%)
2022 2.7% -0.2 pp (-6.9%)
2023 2.0% -0.7 pp (-25.9%)

Other Monterey town Trends