Albert Lea city: Unemployment Rate Trend
How Albert Lea 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
4.8%
2023
4.1%
Total change
-0.7 pp
% change
-14.6%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.8% | — |
| 2019 | 4.6% | -0.2 pp (-4.2%) |
| 2020 | 4.3% | -0.3 pp (-6.5%) |
| 2021 | 5.1% | +0.8 pp (18.6%) |
| 2022 | 5.1% | +0.0 pp (0%) |
| 2023 | 4.1% | -1.0 pp (-19.6%) |