Palmer city: Unemployment Rate Trend
How Palmer 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
9.8%
2023
8.4%
Total change
-1.4 pp
% change
-14.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 9.8% | — |
| 2019 | 10.9% | +1.1 pp (11.2%) |
| 2020 | 11.9% | +1.0 pp (9.2%) |
| 2021 | 9.7% | -2.2 pp (-18.5%) |
| 2022 | 9.6% | -0.1 pp (-1%) |
| 2023 | 8.4% | -1.2 pp (-12.5%) |