South Bay city: Unemployment Rate Trend
How South Bay 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
14.0%
2023
8.1%
Total change
-5.9 pp
% change
-42.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 14.0% | — |
| 2019 | 11.4% | -2.6 pp (-18.6%) |
| 2020 | 10.7% | -0.7 pp (-6.1%) |
| 2021 | 8.6% | -2.1 pp (-19.6%) |
| 2022 | 9.4% | +0.8 pp (9.3%) |
| 2023 | 8.1% | -1.3 pp (-13.8%) |