Panama City-Panama City Beach, FL Metro Area: Unemployment Rate Trend
How Panama City-Panama City Beach, FL 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
6.3%
2023
3.6%
Total change
-2.7 pp
% change
-42.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.3% | — |
| 2019 | 5.1% | -1.2 pp (-19%) |
| 2020 | 4.4% | -0.7 pp (-13.7%) |
| 2021 | 4.6% | +0.2 pp (4.5%) |
| 2022 | 4.0% | -0.6 pp (-13%) |
| 2023 | 3.6% | -0.4 pp (-10%) |