Oakville CDP: Unemployment Rate Trend
How Oakville 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
6.4%
2023
2.5%
Total change
-3.9 pp
% change
-60.9%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.4% | — |
| 2019 | 3.4% | -3.0 pp (-46.9%) |
| 2020 | 2.5% | -0.9 pp (-26.5%) |
| 2021 | 2.8% | +0.3 pp (12%) |
| 2022 | 2.4% | -0.4 pp (-14.3%) |
| 2023 | 2.5% | +0.1 pp (4.2%) |