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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
2.5%
Total change
-4.6 pp
% change
-64.8%
Year Unemployment Rate Change
2017 7.1%
2019 3.2% -3.9 pp (-54.9%)
2020
2021 3.0%
2022 1.9% -1.1 pp (-36.7%)
2023 2.5% +0.6 pp (31.6%)

Other Montgomery County Trends