Panama town: Unemployment Rate Trend
How Panama town'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
10.4%
2023
5.3%
Total change
-5.1 pp
% change
-49%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 10.4% | — |
| 2019 | 6.4% | -4.0 pp (-38.5%) |
| 2020 | 3.0% | -3.4 pp (-53.1%) |
| 2021 | 3.3% | +0.3 pp (10%) |
| 2022 | 3.5% | +0.2 pp (6.1%) |
| 2023 | 5.3% | +1.8 pp (51.4%) |