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
5.8%
2023
3.9%
Total change
-1.9 pp
% change
-32.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.8% | — |
| 2019 | 5.0% | -0.8 pp (-13.8%) |
| 2020 | — | — |
| 2021 | 4.5% | — |
| 2022 | 4.7% | +0.2 pp (4.4%) |
| 2023 | 3.9% | -0.8 pp (-17%) |