Portland-Vancouver-Hillsboro, OR-WA Metro Area: Unemployment Rate Trend
How Portland-Vancouver-Hillsboro, OR-WA 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
6.2%
2023
5.0%
Total change
-1.2 pp
% change
-19.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.2% | — |
| 2019 | 4.7% | -1.5 pp (-24.2%) |
| 2020 | 4.8% | +0.1 pp (2.1%) |
| 2021 | 5.1% | +0.3 pp (6.2%) |
| 2022 | 5.1% | +0.0 pp (0%) |
| 2023 | 5.0% | -0.1 pp (-2%) |