Traverse City city: Unemployment Rate Trend
How Traverse City 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
4.8%
2023
4.5%
Total change
-0.3 pp
% change
-6.2%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.8% | — |
| 2019 | 4.6% | -0.2 pp (-4.2%) |
| 2020 | 5.1% | +0.5 pp (10.9%) |
| 2021 | 5.2% | +0.1 pp (2%) |
| 2022 | 5.3% | +0.1 pp (1.9%) |
| 2023 | 4.5% | -0.8 pp (-15.1%) |