Portland city: Unemployment Rate Trend
How Portland 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
8.4%
2023
4.7%
Total change
-3.7 pp
% change
-44%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.4% | — |
| 2019 | 4.0% | -4.4 pp (-52.4%) |
| 2020 | 3.4% | -0.6 pp (-15%) |
| 2021 | 3.7% | +0.3 pp (8.8%) |
| 2022 | 6.1% | +2.4 pp (64.9%) |
| 2023 | 4.7% | -1.4 pp (-23%) |