Lake City city: Unemployment Rate Trend
How Lake City 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
12.4%
2023
5.3%
Total change
-7.1 pp
% change
-57.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 12.4% | — |
| 2019 | 7.9% | -4.5 pp (-36.3%) |
| 2020 | 6.1% | -1.8 pp (-22.8%) |
| 2021 | 5.1% | -1.0 pp (-16.4%) |
| 2022 | 5.4% | +0.3 pp (5.9%) |
| 2023 | 5.3% | -0.1 pp (-1.9%) |