Martinsville, VA Micro Area: Unemployment Rate Trend
How Martinsville, VA 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
8.6%
2023
4.1%
Total change
-4.5 pp
% change
-52.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.6% | — |
| 2019 | 7.4% | -1.2 pp (-14%) |
| 2020 | 5.8% | -1.6 pp (-21.6%) |
| 2021 | 5.8% | +0.0 pp (0%) |
| 2022 | 5.0% | -0.8 pp (-13.8%) |
| 2023 | 4.1% | -0.9 pp (-18%) |