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
3.8%
2023
0.4%
Total change
-3.4 pp
% change
-89.5%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.8% | — |
| 2019 | 4.9% | +1.1 pp (28.9%) |
| 2020 | 3.9% | -1.0 pp (-20.4%) |
| 2021 | 3.7% | -0.2 pp (-5.1%) |
| 2022 | 0.5% | -3.2 pp (-86.5%) |
| 2023 | 0.4% | -0.1 pp (-20%) |