Algoma city: Unemployment Rate Trend
How Algoma city'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
9.2%
2023
1.6%
Total change
-7.6 pp
% change
-82.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 9.2% | — |
| 2019 | 4.8% | -4.4 pp (-47.8%) |
| 2020 | 3.7% | -1.1 pp (-22.9%) |
| 2021 | 2.7% | -1.0 pp (-27%) |
| 2022 | 3.6% | +0.9 pp (33.3%) |
| 2023 | 1.6% | -2.0 pp (-55.6%) |