Palmetto Bay village: Unemployment Rate Trend
How Palmetto Bay village'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
7.7%
2023
3.4%
Total change
-4.3 pp
% change
-55.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.7% | — |
| 2019 | 6.2% | -1.5 pp (-19.5%) |
| 2020 | 6.5% | +0.3 pp (4.8%) |
| 2021 | 5.2% | -1.3 pp (-20%) |
| 2022 | 3.6% | -1.6 pp (-30.8%) |
| 2023 | 3.4% | -0.2 pp (-5.6%) |