Lake Sherwood CDP: Unemployment Rate Trend
How Lake Sherwood CDP'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
7.2%
2023
5.0%
Total change
-2.2 pp
% change
-30.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.2% | — |
| 2019 | 4.5% | -2.7 pp (-37.5%) |
| 2020 | 3.7% | -0.8 pp (-17.8%) |
| 2021 | 5.9% | +2.2 pp (59.5%) |
| 2022 | 7.1% | +1.2 pp (20.3%) |
| 2023 | 5.0% | -2.1 pp (-29.6%) |