San Francisco-Oakland-Fremont, CA Metro Area: Unemployment Rate Trend
How San Francisco-Oakland-Fremont, CA 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
5.8%
2023
5.4%
Total change
-0.4 pp
% change
-6.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 5.8% | — |
| 2019 | 4.5% | -1.3 pp (-22.4%) |
| 2020 | 4.8% | +0.3 pp (6.7%) |
| 2021 | 5.2% | +0.4 pp (8.3%) |
| 2022 | 5.2% | +0.0 pp (0%) |
| 2023 | 5.4% | +0.2 pp (3.8%) |