Sylvan Lake city: Unemployment Rate Trend
How Sylvan Lake 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
3.3%
2023
2.8%
Total change
-0.5 pp
% change
-15.2%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.3% | — |
| 2019 | 4.9% | +1.6 pp (48.5%) |
| 2020 | 4.0% | -0.9 pp (-18.4%) |
| 2021 | 4.1% | +0.1 pp (2.5%) |
| 2022 | 4.6% | +0.5 pp (12.2%) |
| 2023 | 2.8% | -1.8 pp (-39.1%) |