Merced, California Unemployment
The BLS reported that the unemployment rate for Merced rose 0.1 percentage points in November 2023 to 9.5%. For the same month, the metro unemployment rate was 4.6 percentage points higher than the California rate. The unemployment rate in Merced peaked in December 2009 at 18.8% and is now 9.3 percentage points lower. From a post peak low of 7.4% in May 2022, the unemployment rate has now grown by 2.1 percentage points. You can also compare Merced unemployment with unemployment in other cities.
| Unemployment Rate | November 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.7% | -0.1 | +0.1 |
| California | 4.9% | +0.1 | +0.8 |
| Merced | 9.5% | +0.1 | +1.7 |
Unemployment Rate: Merced, California, National
Note: Recessions shown in gray.
Merced, California Unemployed
The number of people unemployed in Merced peaked in April 2020 at 21,180. There are now 10,359 fewer people unemployed in the metropolitan area. From a recent trough of 8,498 in June 2022, the number of unemployed has now grown by 2,323. Merced employment and jobs data (including jobs lost/gained in Merced, California) is also available.
| Unemployed Persons | November 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Merced | 10,821 | +52 | +1,829 |
Number of Unemployed Persons
Merced, California Unemployment History
| Date | National Unemployment Rate |
California Unemployment Rate |
Merced Unemployment Rate |
Merced Unemployed |
|---|---|---|---|---|
| December 2023 |
3.7% | — | — | — |
| November 2023 |
3.7% | 4.9% | 9.5% | 10,821 |
| October 2023 |
3.8% | 4.8% | 9.4% | 10,769 |
| September 2023 |
3.8% | 4.7% | 9.3% | 10,720 |
| August 2023 |
3.8% | 4.6% | 9.2% | 10,725 |
| July 2023 |
3.5% | 4.6% | 9.1% | 10,653 |
| June 2023 |
3.6% | 4.6% | 9.1% | 10,595 |
| May 2023 |
3.7% | 4.5% | 8.9% | 10,391 |
| April 2023 |
3.4% | 4.5% | 8.6% | 10,050 |
| March 2023 |
3.5% | 4.4% | 8.4% | 9,778 |
| February 2023 |
3.6% | 4.4% | 8.1% | 9,362 |
| January 2023 |
3.4% | 4.2% | 7.8% | 9,080 |
1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers. ↩
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