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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
4.0%
2023
1.8%
Total change
-2.2 pp
% change
-55%
Year Unemployment Rate Change
2017 4.0%
2019 2.2% -1.8 pp (-45%)
2020 1.1% -1.1 pp (-50%)
2021 1.5% +0.4 pp (36.4%)
2022 2.0% +0.5 pp (33.3%)
2023 1.8% -0.2 pp (-10%)

Other Lake City city Trends