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Sherwood city: Unemployment Rate Trend

How Sherwood 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
4.2%
2023
2.9%
Total change
-1.3 pp
% change
-31%
Year Unemployment Rate Change
2017 4.2%
2019 2.8% -1.4 pp (-33.3%)
2020 2.7% -0.1 pp (-3.6%)
2021 3.6% +0.9 pp (33.3%)
2022 3.8% +0.2 pp (5.6%)
2023 2.9% -0.9 pp (-23.7%)

Other Sherwood city Trends