Monroe, MI Metro Area: Unemployment Rate Trend
How Monroe, MI Metro 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
5.9%
2023
5.0%
Total change
-0.9 pp
% change
-15.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.9% | — |
| 2019 | 4.8% | -1.1 pp (-18.6%) |
| 2020 | 5.0% | +0.2 pp (4.2%) |
| 2021 | 5.3% | +0.3 pp (6%) |
| 2022 | 5.7% | +0.4 pp (7.5%) |
| 2023 | 5.0% | -0.7 pp (-12.3%) |