Montgomery County: Unemployment Rate Trend
How Montgomery County'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
7.1%
2023
5.3%
Total change
-1.8 pp
% change
-25.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.1% | — |
| 2019 | 4.7% | -2.4 pp (-33.8%) |
| 2020 | — | — |
| 2021 | 6.8% | — |
| 2022 | 5.5% | -1.3 pp (-19.1%) |
| 2023 | 5.3% | -0.2 pp (-3.6%) |