Cambridge, MD Micro Area: Unemployment Rate Trend
How Cambridge, MD Micro Area'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
8.3%
2023
4.8%
Total change
-3.5 pp
% change
-42.2%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.3% | — |
| 2019 | 8.0% | -0.3 pp (-3.6%) |
| 2020 | 7.3% | -0.7 pp (-8.8%) |
| 2021 | 5.9% | -1.4 pp (-19.2%) |
| 2022 | 5.5% | -0.4 pp (-6.8%) |
| 2023 | 4.8% | -0.7 pp (-12.7%) |