Southwest Ranches town: Unemployment Rate Trend
How Southwest Ranches town'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
7.6%
2023
0.8%
Total change
-6.8 pp
% change
-89.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.6% | — |
| 2019 | 5.7% | -1.9 pp (-25%) |
| 2020 | 4.4% | -1.3 pp (-22.8%) |
| 2021 | 3.8% | -0.6 pp (-13.6%) |
| 2022 | 1.6% | -2.2 pp (-57.9%) |
| 2023 | 0.8% | -0.8 pp (-50%) |