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Palmetto city: Unemployment Rate Trend

How Palmetto 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
6.2%
2023
3.6%
Total change
-2.6 pp
% change
-41.9%
Year Unemployment Rate Change
2017 6.2%
2019 9.3% +3.1 pp (50%)
2020 9.4% +0.1 pp (1.1%)
2021 8.1% -1.3 pp (-13.8%)
2022 6.7% -1.4 pp (-17.3%)
2023 3.6% -3.1 pp (-46.3%)

Other Palmetto city Trends