Cedar Lake town: Unemployment Rate Trend
How Cedar Lake 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
8.9%
2023
4.7%
Total change
-4.2 pp
% change
-47.2%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.9% | — |
| 2019 | 7.1% | -1.8 pp (-20.2%) |
| 2020 | 7.0% | -0.1 pp (-1.4%) |
| 2021 | 8.2% | +1.2 pp (17.1%) |
| 2022 | 5.7% | -2.5 pp (-30.5%) |
| 2023 | 4.7% | -1.0 pp (-17.5%) |