Morro Bay city: Unemployment Rate Trend
How Morro Bay 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
5.5%
2023
8.4%
Total change
+2.9 pp
% change
+52.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.5% | — |
| 2019 | 7.4% | +1.9 pp (34.5%) |
| 2020 | 9.6% | +2.2 pp (29.7%) |
| 2021 | 9.8% | +0.2 pp (2.1%) |
| 2022 | 9.2% | -0.6 pp (-6.1%) |
| 2023 | 8.4% | -0.8 pp (-8.7%) |