Morganton city: Unemployment Rate Trend
How Morganton 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
3.6%
Total change
-4.5 pp
% change
-55.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.1% | — |
| 2019 | 5.2% | -2.9 pp (-35.8%) |
| 2020 | 4.8% | -0.4 pp (-7.7%) |
| 2021 | 4.7% | -0.1 pp (-2.1%) |
| 2022 | 5.4% | +0.7 pp (14.9%) |
| 2023 | 3.6% | -1.8 pp (-33.3%) |