South Beach CDP: Unemployment Rate Trend
How South Beach CDP'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
10.2%
2023
5.0%
Total change
-5.2 pp
% change
-51%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 10.2% | — |
| 2019 | 2.9% | -7.3 pp (-71.6%) |
| 2020 | 4.1% | +1.2 pp (41.4%) |
| 2021 | 1.2% | -2.9 pp (-70.7%) |
| 2022 | 1.3% | +0.1 pp (8.3%) |
| 2023 | 5.0% | +3.7 pp (284.6%) |