Silver City, NM Micro Area: Unemployment Rate Trend
How Silver City, NM 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
8.1%
2023
8.4%
Total change
+0.3 pp
% change
+3.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.1% | — |
| 2019 | 7.1% | -1.0 pp (-12.3%) |
| 2020 | 8.0% | +0.9 pp (12.7%) |
| 2021 | 9.6% | +1.6 pp (20%) |
| 2022 | 7.7% | -1.9 pp (-19.8%) |
| 2023 | 8.4% | +0.7 pp (9.1%) |